CloudOne Digital has announced its acquisition of Servers.com, a provider of bare metal services, for an undisclosed amount. Well-placed sources claim the exit was worth $200 million. Servers.com, co-founded by Alexey Gubarev, has data centers in North America, Western Europe, and Asia. Gubarev is also a founder/partner of Palta, the company that backed Prisma Labs, the startup team behind Lensa AI. The Lensa AI app gained popularity with its AI-generated images and made $70 million in November 2022 alone. Servers.com will join CloudOne Digital’s Liquid Web family of brands, which offers multi-cloud solutions.
Servers.com specializes in Infrastructure as a Service for companies with large workloads, such as video gaming, fintech, adtech, IT services, and Web3 applications. The acquisition aligns with CloudOne Digital’s multi-cloud capability strategy and will provide services for mid-market customers with compute-intensive workloads. Nick Dvas and Konstantin Bezruchenko, co-founders of Servers.com, will join CloudOne Digital’s leadership team.
Headquartered in Cyprus, Servers.com operates 18 data centers worldwide and serves over 3,000 customers. The acquisition of Servers.com enhances CloudOne Digital’s offerings and strengthens its position in the market. CloudOne Digital, through its brands like Liquid Web, aims to provide comprehensive multi-cloud solutions to meet the evolving needs of businesses.
The deal comes as Alexey Gubarev, an advocate for the Cyprus tech ecosystem, continues to contribute to the tech industry. Previously, Gubarev faced allegations of association with his former home, Russia, but a lawsuit filed against BuzzFeed was ultimately thrown out. Gubarev and XBT executives claimed they were unsung heroes in cancelling the Methbot account in 2016 and preserving hard drives as evidence.
The acquisition of Servers.com by CloudOne Digital represents a significant move in the cloud services market. As companies continue to rely on cloud infrastructure, the need for reliable and scalable services becomes crucial. The addition of Servers.com to CloudOne Digital’s portfolio further strengthens their position as a leading provider of multi-cloud solutions. Users can expect enhanced capabilities and support with the acquisition, catering to their growing requirements for robust and efficient infrastructure services.