[June 11, 2010] Steadfast Networks acquires VPSSpeed Tweet Jun 11, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Steadfast Networks has acquired VPSSpeed (RikeMedia.com), a provider of virtual private server (VPS) hosting services. Both the companies are based in the US. Steadfast Networks is a web services provider that specializes in web hosting, dedicated servers, and co-location services. Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2010-06-10 Deal Participants Target (Company) VPSSpeed Acquirer (Company) Steadfast Networks Deal Rationale The acquisition of VPSSpeed will allow Steadfast Networks to continue its growth in the VPS hosting market. [ Back To TMCnet.com's Homepage ]