Two domain companies in talks to combine.
CentralNic and KeyDrive are in merger talks, CentralNic disclosed today.
CentralNic is both a registry services provider and a registrar, which owns Instra and Internet.bs. It is one of (if not the) largest new top level domain name back end by domain volume thanks to .xyz and Radix. KeyDrive is the parent company of Key-Systems, Moniker, BrandShelter and other domain name brands.
The goal is to complete a merger by the end of next quarter.
It would qualify as a “reverse takeover” on London AIM rules. As a result of the news, trading in CentralNic’s stock (AIM) has been suspended.