19. 8. 2020
Press releases

IGNUM merges with STABLE.cz

IGNUM, a prominent web hosting provider in the Czech Republic, merges with Stable.cz s.r.o. This is another step aimed at changing the status quo on the Central-European web hosting market…

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IGNUM has bought Stable.cz s.r.o., a web hosting company based in Jablonec nad Nisou, Czech Republic, with the aim to enhance and extend its web hosting services. Previously, IGNUM had joined forces with Slovak company Webglobe – Yegon. Now both the companies operate under one investment brand, WY Group, with an increased impact in the region.

Jaroslav Štětina, the executive director of IGNUM, comments: „We’ve chosen Stable.cz as an established player on the web hosting market. It will make a valuable part of the newly established group.“

Stable.cz s.r.o. is another web hosting acquisition by WY Group, backed by Sandberg Capital investment fund. The existing team of Stable.cz will remain unchanged, focussing on the provision of web hosting and server administration services. Stable.cz will be run by Petr Šmída, a former director of ACTIVE 24 web hosting company which he successfully managed for 11 years.

„We are not going to make any big changes in Stable.cz. On the contrary, our goal is to strengthen Stable.cz’s position, especially among the demanding server hosting clients. We’ll use the potential of high-ranking web hosting companies within the WY Group to offer more advanced and high-quality services,“ Petr Šmída, the future director of Stable.cz said.

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