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Tucows expects $20 million EBITDA/year from “opportunistic” eNom acquisition

Tucows expects fast contribution from eNom, which has booked losses at Rightside. Domain name and communications company Tucows (NASDAQ:TCX) didn’t plan to acquire two domain name businesses over the past year, but the opportunities were too good to pass up. First, the company scooped up Melbourne IT’s reseller channel for just over $8 million AUD. […]

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Tucows pays $6.5 million for Melbourne IT’s channel

Canadian registrar Tucows has acquired the reseller network of Australian rival Melbourne IT for up to $6.5 million. The company said the deal will “add hundreds of resellers and approximately 1.6 million domains under management to Tucows’ OpenSRS wholesale domain business.” Melbourne IT said that the low-margin business was a “drag” on the performance of […]
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