Polish hosting and tech company cyber_Folks has announced the acquisition of Hosterion, a Romanian web hosting provider. The transaction is worth €6.7 million (around 29 million PLN), with €5.5 million already paid and two remaining payments of €600,000 each scheduled over the next year.

Cyber_Folks, a key player in the technology market, has recently signed a preliminary agreement to acquire 49.9% of Shoper shares for a total value of PLN 547.5 million. Shoper, known for its leading SaaS-based e-commerce solutions in Poland, will continue to be listed on the Warsaw Stock Exchange.