Two TLD applicants pool resources.
Top Level Domain Holdings and Tucows are combining resources in an effort to lock down three top level domain names that are in contention sets.
Tucows had applied for .group and TLDH applied for .tech and .store.
By teaming up, each company will contribute to auction funds and take a minority interest in each others’ strings. Their amount of ownership will depend on how much money they contribute for the auctions.
While the companies weren’t in contention with each other over these strings, they are in contention with a number of other applicants. There are five applicants for .group, six for .tech, and seven for .store.
Both TLDH and Tucows are publicly traded.