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Tucows inc. to acquire enom from rightside

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http://www.tucows.com/tucows-inc-to-acquire-enom-from-rightside/

 

— Combined Entity Will Be The Second Largest Domain Registrar In The World —

TORONTO, January 20, 2017 – Tucows Inc. (NASDAQ:TCX, TSX:TC), a provider of network access, domain names and other Internet services, announced that it has signed a definitive agreement to acquire wholesale domain name registrar eNom from Rightside Group, Ltd. (NASDAQ: NAME). The transaction is expected to close later today.

Tucows will pay $83.5 million and the transaction is expected to be immediately accretive to earnings. The acquisition will be funded through an amendment increasing Tucows’ existing credit facility to a total of $140 million.

The acquisition of eNom will add 14.5 million domains under management and 28,000 active resellers. That will give Tucows a total network of over 40,000 resellers globally and 29 million domains under management, making it the second largest domain registrar in the world.

“For years, eNom and OpenSRS have been the two leading registrars primarily focused on the needs of resellers. This focus means these businesses fit very well together,” said David Woroch, Tucows’ Executive Vice President of Domains. “The acquisition keeps eNom resellers where they will be well understood, well valued and well served and creates tremendous value for Tucows and resellers on both sides through efficiency and scale.”

Elliot Noss, Tucows’ CEO added, “This industry has changed so much since Tucows and eNom each launched wholesale registrar services over fifteen years ago and .com, .net and .org essentially represented the namespace. It is a lot more challenging and complex now. At the same time, it is more mature and much more competitive. Scale is absolutely critical. This is a rare deal that gives Tucows and its investors exactly that while offering an immediate cash on cash return.”

NOTE TO INVESTORS: We know that releasing this transaction on a Friday morning, especially this particular Friday morning, is not ideal. We apologize for that. These things sometimes cannot be helped.

 

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1 minuto atrás, rubensk disse:

http://www.tucows.com/tucows-inc-to-acquire-enom-from-rightside/

 

— Combined Entity Will Be The Second Largest Domain Registrar In The World —

TORONTO, January 20, 2017 – Tucows Inc. (NASDAQ:TCX, TSX:TC), a provider of network access, domain names and other Internet services, announced that it has signed a definitive agreement to acquire wholesale domain name registrar eNom from Rightside Group, Ltd. (NASDAQ: NAME). The transaction is expected to close later today.

Tucows will pay $83.5 million and the transaction is expected to be immediately accretive to earnings. The acquisition will be funded through an amendment increasing Tucows’ existing credit facility to a total of $140 million.

The acquisition of eNom will add 14.5 million domains under management and 28,000 active resellers. That will give Tucows a total network of over 40,000 resellers globally and 29 million domains under management, making it the second largest domain registrar in the world.

“For years, eNom and OpenSRS have been the two leading registrars primarily focused on the needs of resellers. This focus means these businesses fit very well together,” said David Woroch, Tucows’ Executive Vice President of Domains. “The acquisition keeps eNom resellers where they will be well understood, well valued and well served and creates tremendous value for Tucows and resellers on both sides through efficiency and scale.”

Elliot Noss, Tucows’ CEO added, “This industry has changed so much since Tucows and eNom each launched wholesale registrar services over fifteen years ago and .com, .net and .org essentially represented the namespace. It is a lot more challenging and complex now. At the same time, it is more mature and much more competitive. Scale is absolutely critical. This is a rare deal that gives Tucows and its investors exactly that while offering an immediate cash on cash return.”

NOTE TO INVESTORS: We know that releasing this transaction on a Friday morning, especially this particular Friday morning, is not ideal. We apologize for that. These things sometimes cannot be helped.

 

Resumindo as duas vaquinha compraram a registradora?

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Just now, Fernando Ferenz said:

Resumindo as duas vaquinha compraram a registradora?

As duas vaquinhas já tinham sua registradora, tanto atacado(OpenSRS) quanto varejo (Hover)... agora compraram também outra operação de atacado, a eNom. Isso diminui o número de opções para atacado... no caso do Brasil, todos os médios e grandes usam ou eNom ou OpenSRS, que agora vai ser a mesma coisa. 
 

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1 minuto atrás, rubensk disse:

As duas vaquinhas já tinham sua registradora, tanto atacado(OpenSRS) quanto varejo (Hover)... agora compraram também outra operação de atacado, a eNom. Isso diminui o número de opções para atacado... no caso do Brasil, todos os médios e grandes usam ou eNom ou OpenSRS, que agora vai ser a mesma coisa. 
 

Show de bola, agora a índia fica feliz :D

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2 minutes ago, Fernando Ferenz said:

Show de bola, agora a índia fica feliz :D

Para a Endurance eu acho que é pior... eu acho que era mais fácil enfrentar dois grandes do que um mamute do tamanho da soma. A PDR não chega a 5 milhões de domínios, eNom+OpenSRS vão somar uns 20 milhões de domínios. 
 

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