June 23 (SeeNews) - Belgian digital services provider Team.blue said it is acquiring 100% of Turkish hosting provider Natro in a push to expand its footprint in the fast growing region.
The CEO of Natro, Nedim Mitrani, will continue to lead the company's 70 employees in the Istanbul office after the acquisition, Team.blue said in a statement last week.
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Established in 1999, Natro offers domain names, web hosting solutions, email, virtual servers and various security solutions. It has more than 120,000 customers.
The value of the transaction was not disclosed.