Netstream sells its hosting division to Internet Group AG

We began transforming and realigning ourselves back in 2018. After the launch of the new brand identity, a revision of the portfolio had to follow. At the end of last year, the management of Netstream AG finally decided that the hosting division does not fit the company’s future core business and that a new owner should therefore be sought. The sales process was then initiated.

Alexis Caceda, CEO of Netstream AG, explains the reasons for this decision as follows:

Last year we presented our vision and mission. This allows us to think much further ahead and not just concentrate on our existing business areas. Even in a fiercely competitive market, we had a lot of fun for many years and successfully delighted our customers. Nevertheless, the hosting division had recently ceased to be a strategic business area, which ultimately contributed significantly to the decision.

– Alexis Caceda, CEO, Netstream AG

The Board of Directors’ aim is to focus all its combined energy on the strategic direction and to sell the hosting division to a suitable provider in order to offer a new home for its long-standing and loyal customers.

It was particularly important to us to find a strong new owner with the foundation and expertise to develop the division successfully. Internet Group AG has been impressing with innovative IT solutions since 2007 and serves several thousand private customers as well as more than 1,200 business customers. With its know-how, Internet Group AG will be able to continue running the hosting division in the best possible way.