Hostway
| File:Hostway-logo.gif | |
| Company type | Privately held |
|---|---|
| Industry | Web Hosting |
| Founded | 1998 |
| Headquarters |  Chicago, Illinois |
Key people | Lucas Roh, CEO; John Lee, VP Marketing; Don Eldert, CFO |
| Products | Internet Services |
Number of employees | 500 |
| Website | www.hostway.com |
Hostway is a multinational web hosting company headquartered in Chicago, IL founded in 1998. It provides individuals, small- to medium-sized businesses and large corporations with hosting services for web sites, databases and business applications in addition to Internet marketing and web design services.
Hostway History
In 1998, University of Chicago alumni Lucas Roh, John Lee, Arnold Choi and two other business partners acquired Spectronet Inc., a Web hosting company with annual revenues of $30,000. They renamed the company Hostway Corporation and began preparations to expand its reach in the US and international markets.[1]
Roh previously served as a computer scientist at Argonne National Laboratory, conducting pioneering research in the emerging field of "automatic differentiation.” He also worked for six years as a software and hardware engineer at Tektronics and Hewlett-Packard. Roh’s background in technology plus his interest in business led him to become a founding partner, president and CEO of Hostway.
After building up the company’s customer base in the Chicago area and throughout the United States the company launched Hostway Korea. This proved an ideal starting point to expand Hostway’s business as Roh was raised and educated in South Korea before his family immigrated to the United States during high school and was very familiar with it’s business culture and processes. This would serve as the beginning of a much larger push towards its globalization of web hosting services.
Hostway has remained a privately held company throughout its expansion, which has seen the company open data centers and offices in North America (Chicago, Tampa, Austin, Vancouver) Europe (United Kingdom, France, Netherlands, Belgium, Germany) in addition to Australia, India and Korea. Profitable since its inception, it is also notable mentioning that Hostway’s globalization efforts were carried out entirely without the utilization of outside venture capital funding.
In the 2000’s Hostway conducted a number of mergers and acquisitions of companies to increase its client base and build its strengths in the dedicated server/managed hosting and domain name registration markets. The most significant of these was the 2003 merger with Canada’s NetNation Communications (Nasdaq: NNCI) with approximately US $10 million paid in cash to NetNation stockholders.
In June 2006, Hostway announced the opening of its new datacenter located at Boeing International's worldwide headquarters, in the heart of downtown Chicago. It is the largest commercially operated datacenter in downtown Chicago.
Hostway Corporation serves more than 400,000 customers worldwide. Major clients include: Coca-Cola, Disney, McGraw-Hill, Sony/BMG, Wrigley Company, Hershey’s, Fox News Channel and Wikimedia.
Hostway Offices & Data Centers
Hostway operates data centers and offices in:
- Chicago, Illinois
- Tampa, Florida
- Austin, Texas
- Vancouver, British Columbia
- London, United Kingdom
- Paris, France
- Amsterdam, Netherlands
- Antwerp, Belgium
- Frankfurt, Germany
- Hanover, Germany
- Sydney, Australia
- Mumbai, India
- Seoul, South Korea
- Bucharest, Romania
Hosting Infrastructure
- 450,000 sq ft total data center space
- Carrier independent
- Multiple OC-48, OC-12 and GigE connections to the Tier 1 Internet backbone providers
- Cisco, Foundry, Juniper networking gear
- Diesel generators
- Network of 11 lights-out Tier 1 data centers
- Megawatt diesel generators
- VESDA detection and FM200 gas-based fire suppression system
References
Podmolik, Mary Ellen. "40 Under 40", Chicagobusiness.com, 2003, retrieved November 6, 2006