Intermedia Acquires Zlago

Wireless News
06-17-2011
Intermedia Acquires Zlago
Type: News

Intermedia, a global provider of cloud services and the largest Microsoft Exchange hosting provider, 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 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.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 320,000 premium hosted Exchange mailboxes."Intermedia's products and channel programs are widely viewed as best in class," said Michael Gold, president, Intermedia. "I am pleased to bring their superior support, complimentary migration to the cloud, innovative technology, and always-on operations to Zlago's partners. My focus at Intermedia will be on continuing to improve that industry-leading experience and extending it to an even broader set of cloud services."Gold brings over 15 years of senior management experience in cloud services and channel development to Intermedia. Prior to Zlago, he was CEO of Sphera, a cloud services software company that he sold to cloud automation provider Parallels, where he served as a senior VP. Gold has held a variety of other executive roles in the industry, including CEO of software company Vicorp and senior VP of Qwest Communications (now CenturyLink), where he had P&L responsibility for the Internet Products business and launched Qwest's CyberCenter datacenter and hosting business.((Comments on this story may be sent to newsdesk@closeupmedia.com))

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