News Courtesy of cPanel.com:
On August 20, 2018, cPanel signed an agreement to be acquired by a group led by Oakley Capital (Oakley). The group also owns Plesk and SolusVM. This investment will enable significant investment in new product and feature innovation and will support growth in headcount in Houston, Texas, USA where cPanel will continue to be headquartered.
Ryan’s Take 
This came out of nowhere. Any time I see a press release regarding an acquisition or merger, I think big changes are on the horizon. However, according to the acquistion FAQ, business activities will remain relatively unchanged.
cPanel will continue to operate out of Houston, TX and employees will stay in their current positions. It seems that Oakley Capital will provide some financial support to allow the company to grow and expand their current platform. Already one of the leading control panels for web hosting software, it should be interesting to see what new features arrive.
When the acquisition is complete, it will mark the second website control panel business that Oakley Capital has purchased. The first being Plesk, which is almost as old as cPanel. Launched in 2003, Plesk has gone through several releases which have seen it rise as a formidable alternative to cPanel.
I honestly know very little about Plesk. Could we see the two platforms become one in the next few years? Possibly. Although, I think in the immediate future any unique features between the two might be shared and integrated into the other first. For right now, us cPanel users shouldn’t have to worry about being impacted.
