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January 16, 2018 23:13

You are browsing the archive for acquisition.

CentralNic now owns .sk after $30m deal closes

CentralNic has just closed its acquisition of SK-NIC, the ccTLD operator for Slovakia, the company announced today. The London-based firm announced the deal back in August, when it was to be worth €21.27 million up front, with a deferred performance-related cash payout of €4.85 million cash over three years. But the deal, originally intended to […]

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Donuts to complete Rightside acquisition tonight

Donuts is on the verge of closing its acquisition of coopetitor Rightside, after the vast majority of Rightside shareholders agreed to sell up. Rightside just disclosed that owners of 92% of its shares — 17,740,054 shares — have agreed to sell at Donuts’ offer price of $10.60 per share. That means the remaining 8% of […]

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GoDaddy flips hosting business for $456 million

GoDaddy has sold off its recently acquired PlusServer business for €397 million ($456 million). The buyer is a private equity firm, BC Partners. The registrar had taken control of the business when it spent $1.79 billion on Host Europe Group earlier this year, but had said from the start that the asset was for sale. […]

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ICANN gives the nod to Donuts-Rightside merger

ICANN has given its consent to the acquisition of Rightside by rival new gTLD registry Donuts, according to the companies. The nod means that one barrier to the $213 million deal has been lifted. Rightside, which is listed on Nasdaq, still needs the majority of its shareholders to agree to the deal and to satisfy […]

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GoDaddy launches security service after Sucuri acquisition

GoDaddy has revealed the first fruits of its March acquisition of web security service provider Sucuri. It’s GoDaddy Website Security, what appears to be a budget version of the services Sucuri already offers on a standalone basis. For $6.99 per month ($83.88/year), the service monitors your web site for malware and removes it upon request. […]

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BREAKING: Donuts to pay $213 million for Rightside

Donuts is to acquire Rightside for $213 million, the companies have just announced. The $10.60 per share cash offer represents a 12% premium over Rightside’s average closing share price over the last 30 days. Rightside’s 52-week high is over $12. Just one year ago, Donuts offered $70 million for Rightside’s portfolio of gTLDs, but was […]

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Web.com in takeover talks – report

Web.com is in talks to be acquired by private equity firms, according to a report. Reuters reported last night that the registrar said the talks were “early stage” and that there was no guarantee of a deal. Web.com is of course home to Network Solutions, Register.com and is involved in secondary market plays SnapNames and […]

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Key-Systems buys reseller EDC

Key-Systems has acquired one of its resellers, European Domain Centre. The acquiring registrar did not disclose the terms of the deal, but said EDC will help boost its own BrandShelter corporate registrar business. EDC says it has clients including AirBnB, Campari, Lycamobile, iStockPhoto and BusinessWire. The company was founded in 2003 by Nikolaj Borge and […]

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XYZ acquires .storage, its 10th gTLD

XYZ.com said today that it has acquired the half-launched new gTLD .storage from its original owner. The terms of the deal were not disclosed, but CEO Daniel Negari said in a blog post that it has been funded using some of the “excess of cash flow” from sales of .xyz domains. The original .storage registry […]

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Activist investor says eNom was sold too cheap

J Carlo Cannell, the activist investor who has been circling Rightside for the last year or so, was unimpressed with the company’s recent sale of eNom to Tucows. In a letter published as a Securities and Exchange Commission filing last week, Cannell announced that he has started up a support group for fellow “concerned” investors. […]

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