Top Level Domain Holdings Limited (“TLDH”) has officially changed its name to and started trading today under Minds + Machines Group Limited From today, the Company’s shares will trade uwith the EPIC ticker symbol, MMX. Fred Krueger, Chairman of the Group, commented: “We are delighted to be now fully grouped under the banner of our operating businesses, Minds + Machines. It not only … [Read more...]
.CO Internet S.A.S Acquired for $109 Million
Neustar traded on the NYSE under the symbol NSR has a market cap of roughly $2.16 billion, today after the close they announced the acquistion of the company behind the .CO extension. Neustar is acquiring .CO Internet S.A.S for $109 million. Neustar recorded $4 million in revenue for its role as the back-end provider for .CO Internet, which will be eliminated upon consolidation. Neustar is … [Read more...]
Marchex, Endurance Added To NASDAQ Internet Index
NASDAQ (Nasdaq:NDAQ) announced the addition and deletion of companies to the NASDAQ Internet Index® (Nasdaq:QNET), which will become effective prior to market open on Monday, March 24, 2014. The Index is designed to track the performance of a set of companies engaged in internet-related businesses. Two of the company's added are two in the domain industry Marchex (Nasdaq:MCHX) and Endurance … [Read more...]
TLDH Formally Announces Appointment Of Elliot Noss Of Tucows As “Non-Executive Director”
According to a press release out today, the Board of Top Level Domain Holdings announced the formal appointment of Mr Elliot Noss as a non-executive director of TLDH with immediate effect. Mr Noss is President and CEO of Tucows, Inc (NASDAQ:TCX), one of the larger domain registrars, and has served in such capacity since the completion of Tucows, Inc's merger with Tucows Delaware in August 2001. … [Read more...]
Web.com Officially Announces The Acquisition of SnapNames.com
Web.com Group, Inc. (WWWW) officially announced today that it has acquired SnapNames from KeyDrive S.A. Shares are down over 2% in early trading today. The questions yet to be answered is how will the acquisition effect where expiring domain names from Web.com registrars, including NetworkSolutions.com and Register.com will be going. All expired domains of Netsol where going to … [Read more...]
Marchex’s Archeo Clarifies 4th Q Sales
Last week we reported on Marchex earnings which included its Archeo division sold a total of 262 domain names in the 4th Quarter that yielded $1.6 million. At the time we noted that the average sales price of domain names in 4Q was just over $6,100 per domain name which was well below the average price the company sold its domains in the third quarter of 2013. Today we received … [Read more...]
Endurance Reports: Revenue Up 17% in 4th Q 78% In 2013
Endurance International Group Holdings, Inc. (EIGI), which owns Dotster.com, Domain.com and most recently acquired Direct, along with many hosting company's, reported financial results for the fourth quarter and full year ended December 31, 2013. Fourth Quarter Highlights Revenue increased 17% to $136.4 million compared to $117.0 million for the fourth quarter of 2012. Adjusted EBITDA … [Read more...]