On August 20th, 2018, cPanel got acquired by Oakley Capital (Oakley), and both the parties signed the stated agreement. With cPanel in the list now, Oakley also own Plesk and SolusVM. Established in 1997 by CEO Nick Koston, cPanel provides world-class infrastructure and industry’s most reliable and web hosting automation software platforms. With the rich featured products and prompt customer support, cPanel as a fully automated hosting platform that empowers the infrastructure support to many web hosting firms. The software developed by cPanel gives customers the ability to administer every aspect of the website using simple and user-friendly tools. In Houston headquarter, cPanel employs over 220 team members and more than 70 countries.
This acquisition will enable significant investment in new product and feature innovation and will support growth in creative minds in Houston, Texas, and the USA. “This investment reflects a great step going forward for cPanel. Our team has developed software that contributes to the success of millions of websites operating globally and looks forward to continuing to do so with the same passion that you, our loyal customers have come to love. This investment will give Internet infrastructure providers access to a wider range of software, features, and support. I am excited about what the future holds for the company and the great team at cPanel.” — Nick Koston, CEO added.
cPanel has created a list of FAQs that address the concerns arising out of the announcement of an acquisition. You can also see check them at https://go.cpanel.net/investmentfaq/
