Silver Lake buys stake in Brazilian web hosting company – 09/20/2010

Buyout firm Silver Lake agreed Sunday to buy a minority stake in Brazilian Web hosting company Locaweb for an undisclosed sum,to tap explosive growth in the world’s fifth-largest Internetmarket.

Locaweb currently hosts one in every four sites with the”.com.br” domain root.

Silver Lake’s Silver Lake Sumeru, the private equity fund’sunit that invests in mid-sized technology companies, made thepurchase . . . → Read More: Silver Lake buys stake in Brazilian web hosting company – 09/20/2010

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