Neustar continues to grow its top level domain name services business with acquisition.
Neustar has acquired Australia-based Bombora Technologies Pty Ltd, the registry services provider of the .au top-level domain and numerous other top-level domains, for approximately AUD $118.5 million, or approximately USD $86.9 million in cash.
This includes its subsidiary ARI Registry Services, which provides registry services to a number of new top level domain names.
Bombora had revenue of USD $20.6 million last year, and Nuestar expects it to contribute USD $8 million of revenue and approximately USD $1.1 million of operating income in 2015.
“Neustar has had a long history of successfully launching, managing and administering top-level domains and today, we are excited to have the Bombora Technologies’ team join Neustar,” said Sean Kaine, Vice President of Registry Services, Neustar, Inc. “The combination of our two teams will enable us to expand Neustar’s Security Services business, of which Registry Services is a part, in the Asia-Pacific region, he added.”
Neustar previously purchased the .co registry for over $100 million.
Great, maybe they can bring the same commitment to failure, obscurity and mediocrity to bear on that one that they do for .US.
Australia surrenders Jurisdiction & Venue of .AU Mark’s & Trade Name’s in Cyberspace to American Rule of Law, at Alexandria Va, with .COM
Maybe the ICANN Stakeholder thing isn’t all that bad after all, as they rush to escape US oversight they simultaneously bring Infringement & Dilution issues into the realm of American Courts & Law.