Latest news of the domain name industry

Recent Posts

CentralNic and KeyDrive in merger talks

Kevin Murphy, March 14, 2018, Domain Registries

CentralNic and KeyDrive, two major European domain firms, are in merger talks, CentralNic confirmed this morning.

CentralNic said that the transaction, should it close, would be a “reverse takeover” of itself by KeyDrive.

That’s where a private company, in this case KeyDrive, reverses into a public one, in this case AIM-listed CentralNic.

Luxembourg-based KeyDrive is the holding company for brands including the registrars Key-Systems, Moniker and BrandShelter and the registries OpenRegistry and KSRegistry.

London-based CentralNic is a registry provider for the likes of .xyz, recent acquirer of Slovakian TLD .sk, and owner of registrars Internet.bs and Instra.

CentralNic said: “CentralNic and KeyDrive Group believe that the combination of the two businesses would have strong strategic logic and economies of scale, and would represent an opportunity to create a group with advanced technology platforms delivering significant recurring revenues for every major customer type within the industry.”

If a deal should be struck, it would happen in the second quarter, the company said.

The announcement was made today after news of the talks leaked.

Trading in CentralNic shares has been temporarily suspended.

NCC sells Open Registry at huge discount

Kevin Murphy, January 6, 2017, Domain Registries

NCC Group has followed through on its promise to divest parts of its domain business, selling the Open Registry collection of companies at a huge discount to the original purchase price.

KeyDrive and a mysterious entity called Terrain.com SA have together acquired the companies for €3.75 million ($3.97 million).

That’s compared to the minimum of £7.9 million ($12 million) NCC originally paid just two years ago.

NCC said in a statement that the sold companies are:

  • Open Registry SA, a registry back-end provider with a handful of new gTLD clients.
  • ClearingHouse for Intellectual Property SA, aka CHIP, which provides software and billing support for the Trademark Clearinghouse.
  • Nexperteam CVBA, a tiny registrar.
  • Sensirius CVBA, the original Open Registry company, a new gTLD consultancy.

Missing from that list is Artemis, the new gTLD registry for .trust, which NCC separately acquired from Deutsche Post for an undisclosed sum in February 2014.

NCC is also keeping hold of its data escrow business, which is widely used by gTLD registries to comply with ICANN rules.

It’s not clear how the sold companies are being divided up between the two buyers.

KeyDrive is the Luxembourg-based holding company for the registrars Key-Systems and Moniker and other domain firms.

Terrain.com appears to belong to EuroDNS chair Xavier Buck, who was chair of Open Registry until NCC bought it, but the domain itself doesn’t seem to resolve right now.

NCC said that €2 million will be paid up front and €1.75 million will be deferred for 18 months.

US-based Moniker gets Euro data retention waiver

Kevin Murphy, September 11, 2014, Domain Registrars

ICANN has approved Moniker’s request for a partial waiver of the Registrar Accreditation Agreement based on European privacy law, despite the fact that the registrar is based in the US.

The data retention waiver for Moniker was one of a few granted to members of the KeyDrive group of registrars that were approved by ICANN yesterday.

KeyDrive is based in Luxembourg, but the waiver request was granted because complying with the 2013 RAA could violate German privacy law and Moniker’s data is stored in Germany.

ICANN said:

Registrar’s technical backend services provider as well as data storage and collection occur on servers hosted and operated in Germany, and is subject to German law. Accordingly, ICANN has determined that it is appropriate to grant Registrar a data retention waiver

Group members Key-Systems AG (a German company) Key-Systems LLC (an American company) also received waivers yesterday.

InternetX, part of Germany-based United Internet, and http.net Internet also had their requests approved.

The waiver process was introduced because the 2013 RAA requires registrars to store customer data long after their domains expire, which registrars’ lawyers say forces them to break local laws.

An EU directive implemented in many European countries says that companies cannot store personal data for longer than it is needed for the purpose for which is was collected.

SnapNames acquired by Web.com

Web.com has acquired domain name dropcatcher SnapNames for an undisclosed sum, according to press releases from it and former owner KeyDrive, confirming reports from Friday.

Web.com said the deal will be “immaterial” to its 2014 financial results.

The Nasdaq-listed company already owns leading registrars Network Solutions and Register.com. It’s also a new gTLD applicant, one of many companies having applied for .web.

KeyDrive acquired SnapNames, along with the registrar Moniker, from Oversee.net in 2012.

Just last week KeyDrive announced that Moniker, which with SnapNames had been managed by Craig Snyder, was getting a new CEO in the form of Key-Systems exec Bonnie Wittenberg.

Moniker gets a new CEO

Kevin Murphy, February 21, 2014, Domain Registrars

KeyDrive has appointed Bonnie Wittenburg, Key-System USA executive vice president, as the new CEO of sister registrar Moniker.

She replaces Craig Snyder, who was CEO of Moniker and SnapNames and remains CEO of SnapNames. Wittenburg keeps her EVP roles at Key-Systems.

“Through her expanded role she will drive cooperation and develop a synergistic relationship between the KeyDrive members,” the company said in a statement.

The KeyDrive stable also includes Key-Systems, NameDrive and KS Registry.

Wittenberg is a 15-year veteran of the domain name industry, with previous stints at Network Solutions and Iron Mountain.

  • Page 1 of 2
  • 1
  • 2
  • >