What to Search
Where to Search
 

Sorted by relevance Sort by date

Selectel Swallows M1Cloud for 26.5 Million Dollars: Quiet Expansion into Private Clouds
Path: News / Provider News

M1Cloud services will continue to operate in standard mode, and the conditions of existing contracts for current clients will remain unchanged. This is a classic M&A maneuver: promising that nothing will change, except that clients will supposedly gain access to a new layer of infrastructure resources and expertise IT infrastructure provider Selectel has closed a deal to acquire 100% of the shares in Stek Group, known in the market under the M1Cloud brand. The transaction value amounted to no more...

Modified: 09/18/2026