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OC3 Networks Acquires Tear2

6th October 2006

OC3 Networks will begin merging Tear 2's operations into OC3 Networks; customers will be unaffected by the acquisition.

OC3 Networks & Web Solutions, LLC, a provider of Internet services announced this week that it has acquired Tear 2, LLC, a hosting company, geared towards the online adult entertainment industry.
 
OC3 Networks will begin merging Tear 2's operations into OC3 Networks. Aside from a few non-technical changes, such as billing and payment methods, customers will be unaffected by the acquisition.

"We are extremely pleased with the acquisition of this very successful upstart", said Ilan Mishan, OC3 Networks CEO. "Tear 2's excellent reputation is a huge benefit to OC3's positioning within the adult industry."

"OC3 Networks is the ideal company to acquire Tear 2" said James Beckish, Co-Owner of Tear 2. "With their excellent reputation, financial stability and excellent leadership, the perfect trifecta if you will, we know we are putting our customers into the hands of consummate professionals who have the same high standards as we do. Through our extensive diligence, we concluded that there is no better fit for our customers."




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