Codero becomes latest midsized hosting firm to get new backing

Analyst: Liam Eagle 2 Jun, 2015 ~ In the past several years, a handful of vendors comparable to Codero have been acquired – PEER 1 by Cogeco Cable, iWeb by Internap, Hostway by Littlejohn, Media Temple by Go Daddy and Liquid Web by Madison Dearborn. By providing the direct competition with deeper pockets, these deals have put pressure on companies like Codero to compete with financial scale in terms of investing in new technologies, and expanding geographically.