Another one for Web.com:
It’s the second Australian domain registrar acquisition in two years for Web.com.
Domain name company Web.com is acquiring Webcentral Group (ASX:WCG) for $12.2 million.
Webcentral has about 330,000 customers and focuses on the Australian market. Web.com acquired another Australian domain company, Dreamscape Networks, for $73 million last year.
While WebCentral is not a household name, some of its brands are: Melbourne IT, Netregistry, and WME.
If you’re keeping score at home, this is the third acquisition involving pieces of what was once a dominant player in Melbourne IT. Tucows and CentralNic bought slices of its former reseller network.
Siris Capital owns Web.com. Its other key brands include Network Solutions and Register.com.