Canvas Dreams announced that they have acquired the assets of Taproot Hosting for an undisclosed amount. Canvas Dreams increases its client roster by 50 percent with the acquisition, while adding about 25 percent to its revenue stream, said David Anderson, principal of Canvas Dreams.

Canvas Dreams touts its use of 100 percent wind energy. Anderson said the two companies had been talking about different ways to cooperate before striking the acquisition deal at the end of 2010.

"Sustainability is always about cooperation over competition. We both utilize 100% renewable wind power, offer non-profit discounts, tree planting for every new customer, telecommuting options for our employees, and caring 24/7 customer support."

Anderson says he plans to leverage the larger client base and 10 full-time employees to launch some new services in the coming year.