WALLESS Advised the Founders of UAB Interneto Vizija and UAB Rakrėjus in the Sale of Business to Miss Group

WALLESS assisted web hosting business Miss Group in acquiring 100% of Lithuanian web hosting company UAB “Interneto vizija” including its subsidiary company UAB “Rakrėjus “.
UAB “Interneto vizija” (IV) is a market-leading web hosting business with around 68,000 customers and with 170,000 registered domains accounting for 60% of all registered domains in Lithuania. Through its subsidiary company “Rakrėjus”, IV also runs a Tier III data centre based in Vilnius. IV also provides services including website development, e-mail, domain names, VPS servers and SSL certificates.
Miss Group is an international web hosting group that offers a range of hosting related services at competitive prices, including web hosting, domain registration, VPS, dedicated servers, website builder, SSL certificates, SEO tools, web security, and domain management.
According to CEO at Miss Group, Mattias Kaneteg, this transaction provides a great platform for expansion across the Baltic region.

WALLESS Weekly Review

Subscribe and receive the summary of the Lithuanian Supreme Court's rulings every week in your inbox. The information is prepared by the WALLESS Arbitration and Dispute Resolution Team.

Please note that review is in Lithuanian.