Bryght, a Drupal managed hosting startup based in Vancouver, BC has been acquired by long time partner RainCity Studios, who have developed sites such as Ozzy.com and Ask a Ninja.

While the terms of the deal weren’t disclosed, and I am not sure the number would be huge, this feels primarily like a smart consolidation of two very complimentary businesses. Servicing the same niche doesn’t necessarily mean two businesses should merge, but in this case the two organizations have been working together on so many projects, for so long, I have a feeling that this will be a chance to consolidate their efforts and cut some of the fat by re-directing effort.

Many of the Bryght and RainCity Studios employees and partners are also responsible for the Northern Voice conference, which has been a huge hit for years.

The new company is underway opening a new office in Shanghai, China, and my bet is that the renewed energy from this merger will result in a lot of cool projects in the near future. Kris Krug will be the President of the new organization with Robert Scales as CEO and running the European and Asian side of the company.

I should also disclose: I have been a happy client of both of these companies in the past.

Update: More straight from the source here.