|
|||
2009-12-01 09:00:00 CET 2009-12-01 09:00:02 CET REGULATED INFORMATION TEO LT, AB - Notification on material eventUAB Baltic Data Center acquired a 100 per cent stake in UAB InterdataUAB Baltic Data Center, a subsidiary of TEO LT, AB, acquired a 100 per cent stake in one of the leading providers of web hosting services in Lithuania - UAB Interdata. According to Saulius Markūnas, Director of Baltic Data Center, web hosting services is one of the fastest growing IT areas, while Interdata's acquisition will allow not only to strengthen the existing competence, but also to make more efficient use of available technological resources. Interdata will operate as a subsidiary of Baltic Data Center. The company's current executives and other employees will continue to work in it, whereas the experience gained by both companies and the high professional competence of their specialists will enable to increase the quality of provided services and to offer new modern services. Interdata's services are currently used by many Lithuanian online service leaders: the airline ticket selling website www.greitai.lt, the news portal www.15min.lt, the company's Plius portals www.autoplius.lt, www.domoplius.lt and many others. Following the acquisition of Interdata, the number of Baltic Data Center web hosting service users will double, reaching almost 5 thousand. UAB Interdata also has a subsidiary UAB Hosting. MP Bank hf. Baltic Branch and law firm Lideika, Petrauskas, Valiūnas and Partners LAWIN acted as advisers in the acquisition of the company. Paulius Pakutinskas, Senior Legal Advisor of Corporate Administration and Legal Affairs Unit, tel. +370 5 236 7330 |
|||
|