What's new

Web.com is Acquiring Webcentral Group for $12.2 million

chris

Top Contributor
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.

https://domainnamewire.com/2020/07/...-domain-business-webcentral-for-12-2-million/
 

snoopy

Top Contributor
Maybe Mr Fenton CEO can comment on the 98% loss of shareholder value. From $3.65 to 10 cents in the space of 2 years.
 

Community sponsors

Members online

Forum statistics

Threads
11,048
Messages
92,225
Members
2,214
Latest member
rickymatin

Industry and community links

Top