Endurance International, the company that owns HostGator and Domain.com, has completed the acquisition of the Bangalore-based domain name registrar – Directi.
The company had announced plans to acquire Directi which owns brands like BigRock and ResellerClub in August 2013. The company had entered into a share purchase agreement with Directi last year for an amount ranging between $100 and $110 million.
The Directi acquisition includes those of B2B brands like LogicBoxes and webhosting.info. The startup was founded in 1998 by Bhavin and Divyank Turakhia. According to the company, Bhavin Turakhia will continue to be “closely involved in the integration” of the two companies.
Department of Posts Starts Own Data Center
The department of posts has kicked off its very own data center in Navi Mumbai. The data centre will host the department’s servers as well as manage data infrastructure, and operate all post office service solutions centrally.
Post offices across India can carry out transactions using the data center. The opening of the data center implies:
Customers’ access to savings bank accounts, insurance policies through any post office counter, ATM, e-banking portal through mobile or internet.
Quicker wage disbursement and...