Domain name services provider CentralNic (LON: CNIC) has improved its quality of revenues through recent acquisitions and the latest purchase will widen the range of products and services that can be offered to customers. The deal is also earnings enhancing.
Team Internet is being acquired from Matomy Media, which is short of cash and that might explain the attractive purchase price of $48m, predominantly in cash but including some shares.
Munich-based Team Internet (www.teaminternet.com) provides services that enable the owners of domains to generate revenues and a platform that enables...
