CentralNic now owns .sk after $30m deal closes

JulienJ

Member
CentralNic has just closed its acquisition of SK-NIC, the ccTLD operator for Slovakia, the company announced today.

The London-based firm announced the deal back in August, when it was to be worth €21.27 million up front, with a deferred performance-related cash payout of €4.85 million cash over three years.

But the deal, originally intended to close in September, was delayed by legal “complexities” and restructured from an asset purchase to a purchase of SK-NIC, including its liabilities, in its entirety.

The purchase price is now €20.27 million in advance, with €5.85 million deferred. That’s still a total of €26.12 million ($30.67 million).

The acquisition is unusual in that it sees a ccTLD transferring to control of a foreign entity, and was opposed by many in the Slovakian internet community.

It’s also likely to mean it’s going to be much easier for non-Slovaks to be able to register .sk domains.
SK-NIC currently has about 360,000 domains under management.
 
Similar threads
Thread starter Title Forum Replies Date
Digital Pandit CentralNic tries its hand in AI Registrars 0
Digital Pandit CentralNic acquires SafeBrands Registrars 0
Digital Pandit CentralNic First Half results are out ; Revenue increases by 18% Registrars 0
Digital Pandit CentralNic's parking revenue grows and more than balances the slump in its registrars business Registrars 0
Digital Pandit CentralNic H1 2020 revenue has surpassed $110 million Registrars 0
Digital Pandit Edison Investment Research publishes report on CentralNic ; discusses domain parking business Resources 0
Digital Pandit CentralNic seeks Head of Sales, Resell Division Registrars 0
Digital Pandit CentralNic revenue up 95% to $109.2 M in 2019 Registrars 0
Digital Pandit XYZ & CentralNic to forgo redemption fees during Coronavirus Registrars 0
Digital Pandit CentralNic says coronavirus's effect is negligible for it Registrars 0
Digital Pandit Hexonet Co-Founder joins CentralNic as the Head of Reseller Division Registrars 0
Digital Pandit CentralNic Shuffle: 5 Executives in new roles as COO exits Registrars 0
Digital Pandit Inorganic growth drives CentralNic’s revenue - zooms to $109 M in 2019 Registrars 0
Digital Pandit CentralNic’s transformative acquisition Business and Economy 0
Digital Pandit CentralNic acquires Team Internet AG for $48 million Business and Economy 0
Digital Pandit CentralNic to acquire Team Internet AG Business and Economy 0
Digital Pandit CentralNic devours Hexonet and iwantmyname.com Registrars 0
Digital Pandit CentralNic completes Melbourne IT acquisition Registrars 0
Digital Pandit CentralNic buys Hexonet for $11.3 M to boost reseller biz Registrars 0
Digital Pandit CentralNic goes the "Bond Way",raises €50 million Registrars 0
Digital Pandit Australian TPP Wholesale acquired by CentralNic Registrars 0
Digital Pandit .blog dumps Nominet for CentralNic Resources 0
JulienJ CentralNic and KeyDrive look to merge The Lounge 0
JulienJ CentralNic buys £2.5 million of domain names Non-Indian Domains 0
domainking131 CentralNic Profit Triples in 2015; Revenue Up 70% The Lounge 0
domainking131 CentralNic hits 4 million new top level domain names New GTLDs 0
domainking131 CentralNic and Tucows Top Gainers The Lounge 0
domainking131 Verisign sues CentralNic and .XYZ over .Theatre, .Protection and .Security New GTLDs 0
domainking131 Centralnic passes Donuts as Backend Provider For New gTLDs New GTLDs 0
domainking131 CentralNic sells $2.5million in domain name sales Non-Indian Domains 0
DomainSherpa DomainSherpa Discussion: Lend.me, CentralNic Buys Internet.bs, .Berlin Giveaway... The Lounge 0
DomainSherpa CentralNic’s Path to Growth in the New Gold Rush - With Ben Crawford The Lounge 0
Digital Pandit Breaking News: GoDaddy now owns Neustar registry Registrars 0
Digital Pandit Joe Styler decsribes “How to buy a domain that someone else owns” Resources 0
Digital Pandit Rolf Larsen now owns Desktop.com Non-Indian Domains 0
Digital Pandit Mercury now owns brand match Mercury.com Non-Indian Domains 0
Digital Pandit Media Options now owns Clear.com Non-Indian Domains 0
Digital Pandit Cisco now owns typosquatting patent Legal Issues and Dispute 0
Digital Pandit Kickass News: Epik now owns NameInvestors.com +NameBrokers.com Registrars 0
Digital Pandit Hippo Insurance now owns Hippo.com Non-Indian Domains 0
Digital Pandit Web.com now owns Dreamscape Networks Registrars 0
Digital Pandit BrandBucket now owns Brandroot Registrars 0
Digital Pandit Let's talk about the owner of DrSuessIsRacist.com. But who owns it? Non-Indian Domains 0
JulienJ DigitalTown owns more than 100,000 New gTLD domains New GTLDs 0
techno Who domainer owns many .IN domains ? General Indian Domain Name Discussion 1
Soofi Who owns? General Indian Domain Name Discussion 0
domainking131 Ron Jackson finally owns DomainNameJournal.com domain name Non-Indian Domains 0
indy Israel now owns .ir? Non-Indian Domains 3
the_poet Indian complainant is awarded .com from WIPO, but owns neither the TM nor .in/.co.in General Indian Domain Name Discussion 12
T Who owns DOMAINLEAKS.COM ?..... General Indian Domain Name Discussion 0

Similar threads

whois



Forums dedicated to Indian domain names, including buying, selling, appraising, developing, and monetizing.

About Us

Threads
27,890
Messages
74,982
Members
7,700
Latest member
SecureClickPay
Top Bottom