ADHC News .0016
American Diversified Holdings Corporation (ADHC) Announces Acquisition Roll-Up Strategy as Cloud Computing Industry Growth Statistics Balloon
2012-11-19 09:00 ET - News Release
DEL MAR, CA -- (Marketwire) -- 11/19/12 AMERICAN DIVERSIFIED HOLDINGS CORPORATION (PINKSHEETS: ADHC) ( http://www.americandiversifiedholdings.com/ ) A recent report by Forrester Research called "Sizing the Cloud:" indicates that the cloud computing industry is projected to grow from $40 billion in 2010 to over $241 billion by 2020. This increase will provide massive opportunities for emerging cloud computing companies such as ADHC's Operating subsidiary, Rebel Networks. The Company commented on this strategy saying, "We have targeted several potential candidates to acquire in the cloud computing space that would complement our existing business. The industry projections continue to support our corporate objective in building cloud computing operating business in the small to medium size business market. "Image customers today are trying to manage all sorts of cloud services such as email, web portals, BlackBerry, mobile apps, storage, etc. from multiple vendors with multiple passwords and logins. Now Business Cloud Box can seamlessly integrate these cloud services into a single control panel and the customer can select which components they need and create custom bundles of services to match their requirements." Rebel Networks is a leading provider of outsourced Internet infrastructure and related managed web solutions. Rebel Networks services include the provision of managed dedicated servers, unmanaged collocation services, domain names services, reseller hosting & shared web hosting solutions with 100% server uptime for your websites. Visit www.rebelnetworks.com today.
