HostGator Sold to EIG for $225 Millions

Na so we hear am now ooo

The major hosting giant HostGator has been sold. According to the sources HostGator has been sold to EIG [Endurance International Group]. The deal is already signed however there is no specific reason mentioned for it. This is a major occurrence in the web hosting industry. EIG is a group of web hosting companies and over a period of time they have acquired many prominent web hosting companies. Among the arena of web hosting companies, EIG also has HostGator now.

http://www.flukkytom.com/hostgator-sold-out-to-eig-for-225m/