E-entrepreneur bags multi-million deal
An entrepreneur who started his business as part of an A-level project when he was 17 has sold the company for £61.5 million.
Andrew Michael, who owned 75% of webhosting company Fasthosts, told The Independent that he now has "more money than I know what to do with", after agreeing to the bid from German company United Internet. He intends to stay with the firm.
The Gloucester-based firm provides e-mail and other web services for small businesses.
