Namespace Holdings S.A., Leudelange, Luxembourg (EuroDNS) is pleased to announce the acquisition of the renowned German provider of hosting services and domains, Moving Internet GmbH, based in Aachen. The main operating company being hosting.de GmbH. The acquisition strengthens Namespace’s hosting offering through their proprietary PaaS (Platform as a Service) solution.

In the last decade, more than two thirds of mankind have moved online. In the EU 91% of the population uses the internet and 75% of these internet users buy goods and services online. A reliable and trusted online presence has become a basic requirement for every business and organization.

Namespace’s acquisition of Moving Internet Group will provide business owners with a proven and user-friendly platform for shared webhosting, VPS, cloud hosting and managed server solutions. It comprises many other services such as CMS, DNS, domains, SSL and more, allowing for an integrated online presence offering.

Namespace Group’s president and co-founder, Xavier Buck, said: “The Moving Internet Group is a perfect fit for Namespace because it complements our leading domain management and online brand protection platforms with an advanced, proprietary PaaS offering for hosting. It will be another milestone on which to build our future growth strategy and provide customers a truly integrated service for their online presence. We are also very happy that the majority of the founders, Oliver Dick, Michael Ernst and Oguzhan Go?kal, will continue in their current positions.”

Co-founder Oguzhan Go?kal said: “Namespace is a natural choice for the Moving Internet Group because their platform technology perfectly complements ours and there is a seamless cultural fit due to the same background of a bootstrapped and entrepreneurial history led by their founder-managers.”