Intermedia Acquires Zlago, a Channel-Focused Cloud Services Company

June 15, 2011 by · Comments Off on Intermedia Acquires Zlago, a Channel-Focused Cloud Services Company 

Webmaster ToolboxNEW YORK, NY – Intermedia, a global leader in cloud services and the largest Microsoft Exchange hosting provider, today announced its acquisition of Zlago, a privately held provider of cloud services. The Zlago acquisition was executed as part of Intermedia’s recent acquisition by leading private equity firm Oak Hill Capital Partners. Zlago founder and CEO Michael Gold now serves as Intermedia’s president, reporting to Intermedia chairman and CEO Phil Koen — former CEO, Savvis (NASDAQ: SVVS).

Intermedia distributes cloud services to 38,000 small and mid-size business customers directly and through its 6,800 global channel partners. The company manages an industry-leading 320,000 premium hosted Exchange mailboxes. According to Phil Koen, CEO, Intermedia, “The Zlago acquisition will not only extend the level of cloud expertise within Intermedia, but it will also prove to be a catalyst for strategic growth within the Intermedia cloud services portfolio. Intermedia gains Michael Gold’s management, cloud, and channel expertise — as well as important Zlago resources, such as deep relationships in the channel community. With Oak Hill’s resources behind Intermedia, we intend to build the leading provider of cloud services.” Read more