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Why did Parallels acquire ModernGigabyte?

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Why did Parallels acquire ModernGigabyte?

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Parallels believes that customers will benefit from this acquisition. ModernBill is already integrated with many of the Parallels family of hosting products and now small hosting providers will be able to purchase both control panels and a billing solution from the same company. Dedicated hosting providers can offer ModernBill along with Plesk to create a complete reseller package. Parallels ISV partners which have adopted the Application Packaging Standard (APS) will benefit by having a ready to deliver solution for hosting companies to sell their products.

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