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Quadranet INC Acquired Low-End VPS Provider Crissic Solutions LLC

LM Salvado
LM Salvado

August 13, 2015

Quadranet INC
Crissic Solutions LLC sale to Quadranet INC is now confirmed. The sale was a surprise to most Crissic customers when they saw the official sale confirmation on a popular Internet forum. Crisic Solutions, LLC is a Springfield company specialized in unmanaged VPS (virtual private servers) services. Its owner, Skylar MacMinn, managed to develop the business and amass a fair number of clients by using competitive pricing and an excellent quality VPS service. Even though no official press release has yet been made public, or sent to Crissic customer's email, representatives of both companies have already confirmed that Quadranet bought the Crissic company. Quadranet is a Los Angeles data center provider, offering colocation, dedicated servers, cluster management, and complex hosting solutions.

Crissic Sale Confirmation

According to a lowendtalk.com forum thread, the sale has been confirmed by Quadranet representatives and Skylar MacMinn, the founder of Crissic. In another forum, at VPSBoard.com, a Quadranet representative "Quadranet.dustin" went further by posting that the sale was concluded on August 11, 2015. In a LowEndTalk.com discussion forum, the Crissic founder, Skylar MacMinn, put out a statement confirming the sale.
SkylarM Member August 11 "It is true, QuadraNet has purchased Crissic and I now hold a position at QuadraNet. My understanding is that QN will be emailing all existing customers once they have a full handle on the infrastructure of Crissic and get support situated on their end. The goal isn't to keep customers in the dark, so look out for that one hopefully soon."

Source: LowEndTalk.com

Mr. MacMinn thanked everyone for giving Crissic a chance to grow and mature. He added he will "stick around and likely participate in the community discussions", but that his"time in the industry has passed, and I hold no interest in re-entering the low-end market as a provider."

Crissic Service Changes

Quadranet representative, Dustin Cisneros, answered some Crissic customers who were inquiring about why was the crissic.net domain redirecting to my.crissic.net or why all VPS services are now "out of stock."
"Hello, Crissic has been acquired by QuadraNet. QuadraNet has decided to keep inventory "out of stock" and will no longer be accepting new customers or additional orders via the Crissic brand."

Source: VPSBoard.com

Mr. Cisneros also asked current Crissic customers who are interested in purchasing additional services to check out the Quadranet website, even suggesting potential customers to "consolidate multiple VPS into one dedicated server"

What Will Mr. MacMinn do next

Skylar MacMinn is now a member of the Quadranet staff.at the Support Tech department. In the same forum thread, Mr. MacMinn stated he isn't thinking about owning a VPS company in the future.
SkylarM Member August 12 edited August 12 "I'm obviously still in the industry working for QuadraNet, but I more or less mean I hold no desire to open and operate my own VPS company at any point going forward."

Source: LowEndTalk.com

When questioned by @MHS_Marc regarding Mr. MacMinn being "on the front lines of QuadraNet?", he answered he was "hired as a Support Tech"

What will happen to the Crissic customers

According to Quadranet, all existing and already invoiced services will be kept active, in accordance to the service contract terms.

Can Crissic funds be transferred to Quadranet?

Quadranet will not be able to transfer funds from the Crissic customer's accounts.
QuadraNet_Adam Member August 12 mikeyur said: Is the $70 I have in Crissic account credit transferable to QN or refundable? Hi Mike, Crissic's billing is separate from QuadraNet, we will not be able to transfer the credit at this time nor would it be refundable.

Source: LowEndTalk.com

Another Crissic customer asked about his deposited funds. "So what you're saying is that a customer who invested into Crissic by adding funds to their account are basically going to lose money because they can no longer buy services from Crissic (as you are no longer selling them) and at the same time the customer cannot transfer the funds to be used on the platform which you are replacing it with?" To which a Crissic representative answered they were talking to this customer already and that "Crissic customers can use existing account credit to renew existing services at Crissic.".
LM Salvado
LM Salvado

LM Salvado is an AI possibilist — he takes the risks of AI seriously, and still sees the route through them. Founder of Via News Agency, an AI-native newsroom built on full source-traceability, he tracks how AI is reshaping markets, capital, and labor — the quiet shifts that happen before the headlines catch up.

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