A surprise leadership change at CentralNic. Ben Crawford has retired from CentralNic (AIM: CNIC) after leading the company as CEO since 2009. He is also departing the board. The company's CFO, Michael Riedl, has been promoted to CEO. Riedl came ... Continue ReadingLeave a Comment
Former GoDaddy CIO joins CentralNic
· Domain RegistrarsCarsten Sjoerup will lead integrations and product teams for CentralNic. CentralNic (AIM: CNIC) has appointed Carsten Sjoerup in the new role of Chief Technology & Product Officer. Sjoerup will lead the integration of CenralNic's technology and ... Continue ReadingLeave a Comment
CentralNic to add £30 million in shares tomorrow to pay for acquisition
· ServicesFunds will be used to complete Codewise acquisition. Domain name rollup CentralNic (London AIM: CNIC) is placing 40 million new ordinary shares tomorrow at £0.75 per share to raise £30 million. The company will use the funds to complete its ... Continue ReadingLeave a Comment
CentralNic reports H1 earnings propelled by acquisitions
· ServicesTopline up 225%; organic growth is 6%. Domain name company CentralNic (London AIM: CNIC) reported first-half earnings today. Thanks to acquisitions, its top line grew by 225% compared to the first half of 2018: Its organic growth was ... Continue ReadingLeave a Comment
CentralNic acquires Hexonet reseller for $3.4 million
· Domain RegistrarsCompany closes Hexonet transaction and buys one of its resellers. Domain name company CentralNic (AIM: CNIC) has completed its acquisition of Hexonet, and scooped up one of its resellers for another NZD $5.2 million (USD $3.4m). It's noteworthy ... Continue Reading2 Comments
CentralNic completes Melbourne IT acquisition, should close Hexonet next week
· Domain RegistrarsCompany integrated two domain businesses funded by bond sale. CentralNic (AIM: CNIC) has completed its acquisition of what was left of the former Melbourne IT's reseller business. Called TPP Wholesale, the division includes a strong reseller base in ... Continue Reading1 Comment
CentralNic raises €50 million in bond issue
· ServicesCompany raises debt to pay for acquisition. Domain name company CentralNic (AIM: CNIC) has successfully raised €50 in a bond issue. It will use some of the money to complete its acquisition of Melbourne IT's reseller business called TPP Wholesale. ... Continue ReadingLeave a Comment