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03|14|2013 02:36 pm EDT

CSC buys Melbourne IT’s DBS for $152MM AUD

by Frank Michlick in Categories: Registrars, Up to the Minute

As reported by a number of sources, Melbourne IT (ASX:MLB) is selling it’s Digital Brand Management (DBS) to Corporation Services Company (CSC) for $152.5 million AUD. Melbourne IT had originally purchased the Digital Brand Management unit from VeriSign (NASDAQ: VRSN) for $50MM USD in 2008 and merged it with their existing corporate clients.

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