A computer generated image of UOL’s flagship data center (WEB HOST INDUSTRY REVIEW) — Brazilian Web hosting provider Universo Online ( www.uol.com.br ) announced on Wednesday that it has completed the acquisition of US-based IT services firm Diveo Broadband Networks ( www.diveo.net ) for about $413 million. UOL said that it will merge Diveo’s operations with its subsidiary DH&C Outsourcing. “The amount paid to the (Diveo) shareholders was BRL693.5 million, and an additional amount of BRL19.4 million was deposited in an escrow account for future adjustments,” UOL said.






