CentralNic is in advanced discussions to acquire advertising company Team Internet.
Domain name company CentralNic (London AIM: CNIC) is in talks to acquire Team Internet AG, the company confirmed today.
Team Internet operates two online advertising businesses. The first is a traditional domain parking company called ParkingCrew. The other is Tonic, which offers many types of traffic including zero click domain traffic, email, popup and exit traffic.
CentralNic is a rollup of domain name companies with a primary focus on the registry and registrar business. Among its brands are Instra, Moniker, Hexonet, Internet.bs and the .SK registry.
The company describes the discussions as “advanced” but cautions that it might not result in a transaction.