.CO Internet S.A.S Acquired for $109 Million

CyberKing

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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.

.CO Internet exited 2013 with an annual revenue run-rate of $21 million. There are currently just over 1.6 million .co domains registered, Neustar manages the .US and the .BIZ extensions as well.
 

CyberKing

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That's cheap considering forward earnings or annuity...potential...Registrars price .Co registrations typically 2-3 times higher than .com domain names

Wonder why GoDaddy was a big .CO co-promoter all this while..(they are going public soon).

Interesting growth timeline as well: .CO Company
 
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