Following the hosting business, we are now also handing over Voice and Connectivity to competent partners. This completes our focus strategy, and from now on we are dedicating ourselves entirely to our core business of cloud and streaming services. In future, Netstream will be a pure IT infrastructure provider focusing on the B2B business.
As part of a strategic realignment, the Board of Directors of Netstream decided back in 2018 that we would focus entirely on cloud and streaming services in future. Solutions were therefore sought for the Voice, Connectivity and Hosting divisions. Our aim was to find partners with extensive experience in each business area who would continue to run them successfully. It was important to us to ensure maximum continuity for existing customers.
After the hosting business was handed over to Internet Group AG in February 2020, we have now also found a competent partner for Voice and Connectivity.
The Voice business, including the award-winning portal netvoip.ch, is being sold with immediate effect to Nexphone AG, a company specialising in telephony solutions, which operates the services through its subsidiary netvoip AG. The Connectivity business is also being spun off with immediate effect into netconnect AG, newly founded by Tom Knienieder and other Swiss tech investors.
We would like to thank our loyal customers for working with us and are now handing them over into competent hands.
