Exabytes acquires 100% of HT Internet in Strategic Move
Kuala Lumpur (28 February 2017) — The Exabytes Group (‘Exabytes’), a leading web hosting services and eCommerce solutions provider in Malaysia today shares its latest acquisition of HT Internet Sdn Bhd (‘HT Internet’).
The 100% acquisition of HT Internet is strategic move by the Exabytes to offer more comprehensive Online Solutions to its customers as a Group. HT Internet and its other solution brands such as ‘GROW’ will continue while the HT Internet team will be integrated as part of the Exabytes Capital Group.
Exabytes’ Founder and CEO, Chan Kee Siak says, “Our current client base is close to 200,000 hosted website, and it is time that Exabytes is able to convincingly and confidently offer our client base the option of a Fully Managed Website and eCommerce solution, beside just the current pure web hosting services and server space.”
Prior the acquisition, Exabytes’ existing business consists of mainly of Domain Name, Web Hosting, Cloud and Servers. However, Exabytes’ clients who have a domain or hosting account do not necessarily have a website.
Chan explains, “Without a website, clients cannot advertise and market their products online. We ventured into Digital Marketing services by offering Google Adwords Digital Advertising service 2 years ago.
But there was still something missing in between – which is the ability to manage the website for the client. And this is where HT Internet acquisition fits in.”
With the HT Internet team integrated with Exabytes, we are now able to offer a complete managed website solutions that consist of Domain, Web Hosting, Web Design and On Going Website Management and Maintenance Service.
This invariably makes Exabytes’ total offerings much more complete.
Chan adds, “The acquisition of HT Internet does not change the course of Exabytes Group’s long term strategic business plan.
In fact, we are piloting this Fully Managed Website solutions idea first in Malaysia, and if it works well, we will also expand to offer the Fully Managed Website services into other markets such as in Singapore and Indonesia where the company already has physical presence in.”
Established since 2011, HT Internet manages over 5,000 domain names and primarily deals with website development, domain name and hosting, search engine optimization (SEO) and Google advertising solutions.
Consolidate Skills and Technologies
Another rationale for the acquisition is the integration and optimisation of resources. Exabytes’ team will take over the management of the HT Internet hosting business while HT Internet team will focus on growing the new “Managed Website Service”.
Exabytes and HT Internet will share common backend resources for better efficiency.
“We believe that the potential of internet for business has yet to be fully explored in this region and Exabytes is preparing to help the regional community with our full range of online solutions and eCommerce expertise,” says Chan.
Exabytes projects that its acquisition of HT Internet will contribute at least five (5) percent of the Group’s total bottom line within three (3) years.