Canadian-based Look Communications has sold its web hosting division EasyHosting to web development tools provider Bluegenesis for $3.8 million, in hopes to correct its troubled financial state. Look has lost $2 million in its latest reported quarter on revenue of $4.9 million, which is down from $6 million a year ago. As part of this deal, both companies will share marketing expenses and revenue EasyHosting generates over the next 40 months.