Baltic Data Center signed a contract for the acquisition of Internet service company Interdata

This week, Baltic Data Center, a leader in the management of data centers and information systems in the Baltic States, signed a contract for the acquisition of Internet services company Interdata. The acquisition of one of the leading providers of web hosting services in Lithuania will allow to strengthen Baltic Data Center's positions in the areas of provision of these and many other IT services.

From December, Interdata will operate as a subsidiary of Baltic Data Center. The company's current executives and other employees will continue to work in it, whereas the experience gained by both companies and the high professional competence of their specialists will enable to increase the quality of provided services and to offer new modern services.

MP Bank hf. Baltic Branch and law firm Lideika, Petrauskas, Valiūnas and Partners LAWIN acted as advisers in the acquisition of the company.

According to Saulius Markūnas, Director of Baltic Data Center, a company belonging to TEO LT, AB Group, web hosting services is one of the fastest growing IT areas, while Interdata's acquisition will allow not only to strengthen the existing competence, but also to make more efficient use of available technological resources.

"The  consolidation processes ongoing on the IT market during this economic period allow to improve the quality of services, make more efficient use of available resources and thus enhance the whole country's competitiveness on the global IT services market", - S. Markūnas said.

Interdata's services are currently used by many Lithuanian online service leaders: the airline ticket selling website www.greitai.lt, the news portal www.15min.lt, the company's Plius portals www.autoplius.lt, www.domoplius.lt and many others. Following the acquisition of Interdata, the number of BDC's web hosting service users will double, reaching almost 5 thousand.

At international awards, Baltic Data Center has been repeatedly recognized as the best data center operator in Central and Eastern Europe. This year the company installed the first in the Baltic States liquid-cooled data center, distinguished by its environmental performance and energy savings. Last year, BDC set up and equipped the first in Lithuania underground data center facility, complying with the strictest security requirements and capable to protect hardware and data stored there against unwanted electromagnetic pulse even in the event of a nuclear explosion.

According to the data of IDC, an international IT market research company, global revenues from web hosting services are expected to roughly double over the next four years and in 2012 will amount to approximately 29 billion U.S. dollars. At the end of 2008, there were about 74 million active web sites in the world with the number growing annually by around 30 percent.

About Baltic Data Center

Baltic Data Center, a company belonging to TEO LT, AB Group of companies, is a leader in the management of data centers and information systems in the Baltic States. The company provides complex IT management services - starting with customer equipment hosting within the data centers, which meet the highest requirements of security, and ending with the development and management of complex systems.

Having equipped the data center facility, which is one of the most modern ones in Eastern Europe, recently Baltic Data Center has been expanding its activities extremely fast - over the last three years the company allocated more than LTL 20 million for investments in technologies and in the knowledge of its specialists.  During this period, the number of employees has almost doubled and at the moment more than 180 specialists work for the company.

Baltic Data Center is the first company in its sector in the Baltic States the activities of which have been evaluated with the international certificate of compliance with the ISO 27001 standard confirming that the company's activities comply with the strictest requirements for information security.