Warburg Pincus invested in United Internet

Warburg Pincus is now one of the single largest shareholders in the company, together with United Internet's founder and CEO Ralph Dommermuth who holds 40.89% of the firm.

The investor has observed the development of the company over the past few years and was attracted by United Internet's market position in the core sectors of mobile internet and cloud computing. The capital will be used for further growth of the company.

United Internet is headquartered in Montabaur, Germany, and employs about 4,800 members of staff. The company is an "internet-factory" owning web portal brands such as GMX, WEB.DE, 1&1, united-domains, fasthosts, InterNetX, Sedo and affilinet. The internet specialist has about 37 million customer accounts in five data processing centres with a total of 70,000 servers.

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