Interliant (NASDAQ: INIT) was a web hosting and managed infrastructure company. The original Interliant, based in Houston, began as a Lotus Notes / Domino hosting company and in 1997 partnered with IBM's Lotus to co-develop a hosted version of the Domino web server. The combined company hosted websites, applications, and data for other businesses and added managed security and professional services.
Sage Networks, a Cambridge, Massachusetts company that had been rolling up web hosting firms, acquired Interliant and adopted its name in March 1999. A few months later the renamed company went public on NASDAQ, and its shares jumped 68 percent on the first day of trading. After the dot-com bust, Interliant sold substantially all of its assets to NaviSite in 2003 and was later liquidated in Chapter 11. 📝Brad Feld reflects on the arc in Every Generation Learns The Same Lessons.
I was Director of Mergers and Acquisitions at Sage Networks when we acquired, and then became, Interliant.