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06|17|2010 04:12 pm EDT to buy for $135 Million

by Frank Michlick in Categories: Registrars

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

David Brown, President & CEO of, stated, “We are very excited to announce our agreement to acquire, which will bring highly complementary products, sales channels and operating capabilities to has over 800,000 subscribers, which represents a substantial cross-and up-sell opportunity for Additionally, small businesses signing up for domain name services have been one of’s most effective lead generation sources, making’s core competency in this area a perfect match for driving increased adoption of’s suite of online marketing and web services solutions.” 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. is also target of a lawsuit by due to an unauthorized modification to the nameservers for their domain. focusses on helping their customers design their sites. is not ICANN accredited. Through the combination of the operation of the two companies, management expects to save $10m in operational cost each year.



Adam Strong

June 17, 2010 @ 5:30 pm EDT

This seems to be a great buy for .


June 25, 2010 @ 1:42 pm EDT

It still amazes me that 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. bought a little over a year ago for $135M […]

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