The owners of the hosting provider bought the Internet statistics system SpyLog
A 100% stake in Spaylog LLC was bought back by the Activist this summer from the Cypriot company Mytrix Ltd (74.5%) and SpyLog CEO Sergey Babayants (24.5%) for several million dollars. In 2006, the company's revenue amounted to about $ 2 million; net profit, according to Finam IC, was $ 600 thousand.
The meaning of this transaction is that Masterhost will now have a competitive advantage in that it will now be able to provide customers with detailed attendance statistics and data analysis. The hosting market is highly competitive, and has developed so much that lowering the cost of services would not give a particular advantage. That is why companies are trying to attract customers by offering them new services.
Experts also note that by creating a holding and buying SpyLog, the owners plan to sell part of the shares to a strategic or portfolio investor. A stake may be sold this year, confirmed Leonid Filatov: “We do not need money, but we do not mind getting a reliable partner. Now we have three potential bidders, I can’t disclose their names. ” The parameters of the transaction, according to Leonid Filatov, are also not defined.
via RosInvest