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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.

Free .shop domains until Christmas

Kevin Murphy, December 13, 2016, Domain Registrars

The new .shop gTLD is likely to see growth over the coming week or so, as registrars begin to offer them for free.

Two retail registrars in the Key-Systems stable — Moniker and domaindiscount24 — said today they will offer a free .shop to each of their customers until December 23.

The offer is limited to one domain per account, so we’re unlikely to see the same level of growth, speculation and abuse we’ve seen in other TLDs that have offered free registrations.

Other popular registrars are currently selling first-year .shop names for $8 to $10, a discount on the usual retail price of between $25 and $30.

Interestingly and perhaps surprisingly, Key-Systems’ native Germany already has the most .shop registrations to date, with over a quarter of the 100,000 or so names registered so far to registrants in that country.

You have to go to number four in its geographic breakdown league to even get to the first Anglophone nation (the US).

Frakes to lead Moniker

Kevin Murphy, September 7, 2015, Domain Registrars

Domain industry veteran Jothan Frakes has been tapped to take over leadership of troubled US registrar Moniker.

Frakes will take over from CEO Bonnie Wittenburg.

The news emerged during the DomainFest Asia conference in Macau, at which Frakes is a speaker, overnight.

Moniker will be his first CEO gig, but he’s a bit of a jack of all trades in the industry.

Frakes has previously worked for Sedari, Minds + Machines, Oversee.net and Moniker.

He was one of the technical evaluators for the new gTLD program, subcontracted to KPMG.

For the last couple of years he’s been a key figure behind the NamesCon and DomainFest conferences.

It might be a wise hire for Moniker — Frakes is well known and well liked in the domaining community, somewhere Moniker’s reputation has suffered horribly over the last year.

Its market share has been plummeting for years, but matters were exacerbated in June 2014 with a disastrous switch to a new registration platform that was uniformly despised (read these comments) and broke everything.

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.

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.

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