The story
Founding
In 1998, University of Chicago alumni Lucas Roh, John Lee, Arnold Choi and two other business partners acquired Spectronet Inc., a Web hosting company in the Chicago suburbs with annual revenues of $30,000. They renamed the company Hostway Services Inc. and began preparations to expand its reach in the US and international markets.
Roh previously served as a computer scientist at Argonne National Laboratory, conducting pioneering research in the emerging field of "automatic differentiation". He also worked for six years as a software and hardware engineer at Tektronics and Hewlett-Packard prior to becoming a founding partner, president and CEO of Hostway.
Globalization
Initially, company growth was focused on sales throughout the United States, primarily in Chicago. In 2000, the founders expanded Hostway to international markets with the launch of Hostway Korea. South Korea was chosen as the starting point for Hostway's expansion, due to Roh being raised there. This would serve as the beginning of a much larger push towards its globalization of web hosting services.
From 2000 to 2007, Hostway grew via acquisition, increasing its client base and building its experience with the dedicated server/managed hosting & domain name registration markets. The most significant of these was the 2003 merger with Canada's NetNation Communications with approximately US$10 million paid in cash to NetNation stockholders.
In June 2006, Hostway announced the opening of its new data center located at Boeing International's worldwide headquarters, in the heart of downtown Chicago. It is the largest commercially operated data center in downtown Chicago. In April 2007, Hostway announced the acquisition of Affinity Internet Inc., which is headquartered in Fort Lauderdale, Florida, with approximately 300 employees, and has been operating since 1996.
In September 2016, Emil Sayegh joined Hostway as president and CEO. Prior to Hostway, Emil was the chairman of the board, CEO, and president of Codero Hosting, VP of Cloud Services at HP, and VP/GM of Cloud at Rackspace.
As of July 2024, Jim Parks serves as Ntirety's CEO, where he is responsible for driving the organization's strategic direction and go-to-market strategy.
Hostway has remained a privately held company throughout its expansion, which has seen the company open data centers and/or local offices in various locations. Offices in these cities are currently run by Hostway Services:
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Chicago, Illinois
Tampa, Florida - 2 locations
Austin, Texas - 2 locations
San Antonio, Texas
Vancouver, British Columbia
Sofia, Bulgaria
Toronto, Ontario
Seoul, South Korea
Hanover, Germany
Hostway Services has previously run offices in these locations:
Fort Lauderdale, Florida
Mumbai, India
London, United Kingdom
Paris, France
Amsterdam, Netherlands
Antwerp, Belgium
Frankfurt, Germany
Sydney, Australia
Bucharest, Romania
From Wikipedia’s article on Hostway, shared under CC BY-SA 4.0.5