December 15, 2004

E-business service provider U.S. NetworX announced on Monday it has acquired Turnkey Hosting, a Louisville, Kentucky-based Web site development and hosting company. Turnkey will maintain its own identity while operating as a distinct unit of U.S. NetworX.

"Acquiring such a well-established company as Turnkey Hosting allows us to strengthen our revenue base and service offerings, and positions us for significant market growth," says David Crawford, CEO of U.S. NetworX.

"The acquisition constitutes a logical, strategic extension of our capabilities as we continue to deliver the best e-commerce website solutions available anywhere."

U.S. NetworX provides such e-business solutions as Web site design, maintenance, and hosting, databases, intranets, Web site marketing, and dedicated servers, as well as nationwide Internet access.

The company has clients in 37 states, as well as several foreign countries.

Source: The WHIR