CyberKing
Domain Investor
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.
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.