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06|17|2010 04:12 pm EDT

Web.com to buy Register.com for $135 Million

by Frank Michlick in Categories: Registrars

According to a press release, hosting company Web.com is to buy one of the older domain registrars, Register.com, for $135 million USD.

David Brown, President & CEO of Web.com, stated, “We are very excited to announce our agreement to acquire Register.com, which will bring highly complementary products, sales channels and operating capabilities to Web.com. Register.com has over 800,000 subscribers, which represents a substantial cross-and up-sell opportunity for Web.com. Additionally, small businesses signing up for domain name services have been one of Web.com’s most effective lead generation sources, making Register.com’s core competency in this area a perfect match for driving increased adoption of Web.com’s suite of online marketing and web services solutions.”

Register.com hold 2,36m domain names according to RegistrarStats (ranking them as the 10th largest registrar) and is one of the few companies that still charges $35 per domain name year. The company has been targeting small businesses with add ons such as email and web hosting. Register.com is also target of a lawsuit by Baidu.com due to an unauthorized modification to the nameservers for their domain.

Web.com focusses on helping their customers design their sites. Web.com is not ICANN accredited. Through the combination of the operation of the two companies, management expects to save $10m in operational cost each year.

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3 Comments

Adam Strong

June 17, 2010 @ 5:30 pm EDT

This seems to be a great buy for Web.com .

Domaining365

June 25, 2010 @ 1:42 pm EDT

It still amazes me that Register.com is able to change 4 times the competition to register a domain.

[…] regulatory approvals and closing conditions, is expected to be completed in the fall of 2011. Web.com bought Register.com a little over a year ago for $135M […]

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