BELGIAN TEAM.BLUE ACQUIRES TURKISH HOSTING COMPANY NATRO

Turkey-based web hosting company Natro agreed to sell its shares to the European hosting company team. blue. Kerim Kotan, the Managing Partner of Ventura Partners, the consultancy company that provides financial consultancy services to Natro, said team. blue acquired 100 percent of Natro shares. The acquisition amounted to TRY 150 million, according to the sources close to the matter. Based in Belgium, team.blue operates in 10 different cities in Europe, while the Turkey-based web hosting company Natro has over 120,000 active customers.