iNET Interactive Acquires HostingCon Show

The owners of the Web Hosting Talk forum have acquired HostingCon, the leading conference and trade show for the web hosting industry. iNET Interactive will buy HostingCon from Interjuncture Corp, with the acquisition taking effect July 31, immediately following the close of this year's event.

Interjuncture Corp. will manage all aspects of HostingCon 2008, which will take place July 28-30 at Navy Pier in Chicago, and is expected to draw over 1,500 hosted services professionals and nearly 100 exhibitors. Keynote speakers this year include Parallels, Inc. Chairman and CEO Serguei Beloussov and Mark Rogers, the Director of Cloud Services at Microsoft.

"We are excited to be able to add HostingCon to iNET Interactive," said Troy Augustine, iNET's President and CEO. "HostingCon - the world's largest physical gathering of hosted services professionals - is a perfect complement to Web Hosting Talk, the largest online gathering of hosting services professionals."

HostingCon was founded by George Roberts and Frank Spaulding, the CEO and COO of Interjuncture, who will remain involved in HostingCon as members of its advisory board. "Although Frank and I will remain involved as advisors, we are very excited to hand over the reins to iNET Interactive", said Roberts. "We have complete confidence that iNET Interactive will continue to grow and develop HostingCon with the same passion and commitment that Frank and I have applied."