REMOVED: Under agreement
Midwest Dynamics GP Hoster with projected annual revenue of approximately $1.48 million and approximately $930K or 63% in EBITDA is looking to spin off hosting division only. Seller will continue to support customer base for application support but all hosting in Tier 1 data center will be sold. 25 customers (667 seats) pay in advance each month. Per seat revenue between $50 – $300 per/seat/per month. All data and backup on Dell MXXX blade servers and EqualLogic Sans. Plenty of capacity on both, no debt.