Web.com (1995 - 2007)

18.04 / Diposting oleh metallic sucker and moslem militan /

Web.com, Inc (formerly NASDAQ:WWWW), formerly Interland (NASDAQ:INLD), was a provider of websites and web services to small businesses and consumers, based in Atlanta, Georgia. Web.com's services included do-it-yourself and professional website design, web hosting, e-commerce, web marketing, and e-mail. As of March 2007, there were approximately 166,000 paid hosting subscribers in 2007

Along with various web products and services, Web.com provided small businesses, entrepreneurs and consumers with advice and tips for developing a strong online presence. It owned the brands Web.com, Interland, Trellix, and Hostpro.

On September 30, 2007, Web.com merged with Website Pros.

Web.com
Type Subsidiary
Founded 1995, as MicronPC
Headquarters Jacksonville, FL, USA
Key people Jeff Stibel, President & CEO
Gonzalo Troncoso, President, Web Services
Industry Web hosting
Design
e-commerce
Marketing
Products Site Builder, Hosting Suite
Revenue ~$53 Million US$ (annualized)
Parent Website Pros (NASDAQ: WSPI)
Website www.web.com

History

The Company was founded as MicronPC, a multi-billion PC manufacturer but later merged with Interland, which was another public company based in Atlanta, GA. The combined company changed its name to Interland and sold the PC business to focus on Internet hosting. Interland's primary business was providing web services, such as shared and dedicated hosting. Interland acquired numerous hosting companies between the years 2001 and 2006, including HostPro, Innerhost, Dialtone, Interland, Burlee, Trellix, Communitech and WazooWeb. The company acquired Web.com in December 2005 for $4.8 million and changed its name from Interland to Web.com. [4] In August 2005, Interland’s Board of Directors decided to bring in new management with the goal of turning around the company. It removed its former CEO, Joel Kocher, and replaced him with Jeff Stibel. [5] Over the next several months the company also brought in a new Chief Technology Officer, Vikas Rijsinghani (former founder and CTO of VerticalOne) and a new Chief Marketing Officer, Judy Hackett (former CMO of CareerBuilder). [6]

Web.com held 21 registered patents and claimed to have the primary underlying technology for various aspects of web hosting, software as a service, customer-facing control panels, and website builders. [7] Some of these patents were licensed to Hostopia, a wholesale web hosting provider. [8] On February 1, 2007, Netcraft named Web.com one of the most reliable hosting companies. [9]

When the company was known as Interland, the stock had risen to meteoric levels and then suffered with the "Dot-com bubble" and was ranked among the 10 worst performances for a United States listed company. [10] But since the company brought on new management and changed its name to Web.com, the stock price recovered. At the time of the merger with Website Pros, the company's stock closed at $7.15, which represented more than a threefold increase since new management joined in August 2005.[11] According to the company’s financials, the last four quarters showed revenue and subscriber growth at Web.com, despite having consistently lost revenues and subscribers prior to the turnaround. [12][13][14] During the first quarter of 2007, the company announced a profit and earnings growth but the second quarter of 2007 the company reported a loss, mainly due to merger related costs



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