Company will migrate 10 million domains to Tucows Registry.
Top level domain name company Radix is moving its backend registry operations to Tucows (NASDAQ: TCX), the two companies announced today.
Radix has used Team Internet Group (LON: TIG) (formerly CentralNic) for its registry backend since launching domains in the 2012 round of top level domain expansion.
The market for backend registry services is cutthroat, with registry providers frequently undercutting each other.
For its part, Team Internet is one of the companies that has won lots of business by offering flexible revenue splitting models with registries. But Tucows Registry apparently offered something more appealing.
Tucows Registry will more than double the number of domains it manages with the deal. Once Radix migrates its approximately 10 million domains in November, Tucows Registry will have about 17 million domains on its platform.
The business has been actively courting new customers since acquiring UNR’s registry business in 2021, which marked Tucows’ entry into the registry services business. Earlier this year, it revealed that it won the business for India’s .in namespace.
Radix’s 11 top level domain names include .online, .store, and .tech, among others.
Glad to see this—10M domains just got more secure. Tucows is always one of the best to work with when recovering domains for clients.
Are you talking about domains at the Tucows registrar or at the registry?
CEO of Radix, said, “Radix is at the crux of a pivotal shift toward a new phase of growth, building on a decade of industry leadership. As we scale further, we looked for an ally with strong domain technology, infrastructure, and a commitment to the registry business…”
That says a lot about what they were not getting from the current provider.
I’m not reading too much into the PR. Team Internet is clearly still trying to grow the registry, as evidenced by the .co win.
Not sure this has anything really to do with pricing Andrew. Radix reporting shows really healthy revenue. This seems more to do with finding a backend partner that has ambition, stability and scale to match Radix ambitions. It’s pretty well known in the industry that TeamInternet is now a domain monetisation outfit nowadays. Bit of a shame if you ask the OGs but that’s the corporate pie right there