A few hours ago Techvibes reported that Vancouver based Layerboom has been acquired by Joyent.
The post was subsequently taken down however, but once you tweet it, it is there for the world to see. I assume Techvibes was asked to take down the post as they jumped the gun on posting. We always respect embargo’s and I am sure this was a mistake, but I am happy to take the jump and push the speculation along.
Joyent, which started as a shared hosting provider and online office suite, has long had a Vancouver office. Toronto native Rod Boothby has been part of the early Joyent team and is currently their Vice President, International. As soon as he starts picking up his cellphone I hope to have confirmation on the acquisition.
This win could be two-fold for Vancouver: Layerboom is a Bootup Labs incubated company and competes with Toronto based Enomoly, among others.
Layerboom provides hosting companies with a comprehensive solution which enables them to build and sell virtual private server clouds. After installing Layerboom software, hosting companies can manage their physical and virtual server inventory, customer accounts, define virtual machine sizes, packages, and pricing, as well as customize a hosted dashboard.
Bootup Labs has recently had their share of problems and Boris Wertz, Vancouver’s rockstar angel and early stage investor, has stepped in to turn it around with original Bootup partner Danny Robinson. This could mark a turning point which would help Bootup regain needed credibility in the Vancouver startup community.
You heard it here first folks.
Correct – we were asked to take the post by down but NOT because we broke an embargo. We were never contacted by either company. This story has been floating around Vancouver for weeks and we wrote the blog post based on multiple sources confirming the companies involved.
Apparently this story has been promised to a US-based tech blog – so stay tuned for the 'official' announcement.
Thanks, Rob.
Correct – we were asked to take the post by down but NOT because we broke an embargo. We were never contacted by either company. This story has been floating around Vancouver for weeks and we wrote the blog post based on multiple sources confirming the companies involved.nnApparently this story has been promised to a US-based tech blog – so stay tuned for the ‘official’ announcement.nnThanks, Rob.
Correct – we were asked to take the post by down but NOT because we broke an embargo. We were never contacted by either company. This story has been floating around Vancouver for weeks and we wrote the blog post based on multiple sources confirming the companies involved.
Apparently this story has been promised to a US-based tech blog – so stay tuned for the ‘official’ announcement.
Thanks, Rob.