RENTON, Wash., March 27, 2008---- Parallel, a leader of web hosting software announced today that it has acquired ModernGigabyte, LLC, maker of the Modern bill automated billing system and other hosting automation solutions. ModernBill customer will get benefits like Application Packaging Standard (APS), which will help them drive more revenue from their existing clients.
This acquisition provides parallels with a complete hosting control panel and billing system for small to medium sized services providers and hosting reseller those purchase dedicated server with pre-loaded software. Now with this acquisition service providers can integrate with over 15 popular control panels supported by ModernBill as well as special bundled offerings with the parallels Plesk control panel.
ModernGigabyte is located in Louisville, Kentucky and provides software to nearly 15000 hosting reseller. ModernBill will be renamed with Parallels plesk Billing and join the Plesk products system, which includes the Parallels plesk Control panel, Parallels Plesk plus, Parallels Plesk Expand and Parallels Plesk Site builder.
About Parallels -
Parallels (formerly SWsoft) is a worldwide leader in virtualization and automation software that optimizes computing for consumers, businesses, and service providers across all major hardware, operating systems, and virtualization platforms. Founded in 1999, Parallels is a fast-growing company with 900 employees in North America, Europe, and Asia.
www.parallels.com .
www.parallels.com/modernbill