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Web.com loses WebCentral bidding war despite 80% increase

Australian registrar drops Web.com despite higher bid. It looks like Web.com’s planned acquisition of Australian domain name company WebCentral isn’t going to happen after all. Web.com offered AUS 10 cents per share ($12.2 million total) for the company in July. An Australian internet company, 5G Networks, then made an all-equity acquisition offer. Web.com increased its […]

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Web.com ups offer for WebCentral by 55% after competing bid

Top 10 domain registrar increases all-cash offer for Australian domain name company. Web.com has significantly increased its acquisition offer for Australian domain name company WebCentral (ASX: WCG) after a competing bid was made. Web.com entered into an all-cash AUS 10-cents-per-share ($12.2 million) acquisition agreement with the company in July. But last week, Australian telecom company […]

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Web.com scoops up Aussie domain business Webcentral for $12.2 million

It’s the second Australian domain registrar acquisition in two years for Web.com. Domain name company Web.com is acquiring Webcentral Group (ASX:WCG) for $12.2 million. Webcentral has about 330,000 customers and focuses on the Australian market. Web.com acquired another Australian domain company, Dreamscape Networks, for $73 million last year. While WebCentral is not a household name, […]

Post link: Web.com scoops up Aussie domain business Webcentral for $12.2 million

© DomainNameWire.com 2020. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

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