Tucows pays $6.5 million for Melbourne IT’s channel

by Kevin Murphy
Canadian registrar Tucows has acquired the reseller network of Australian rival Melbourne IT for up to $6.5 million. The company said the deal will “add hundreds of resellers and approximately 1.6 million domains under management to Tucows’ OpenSRS wholesale domain business.” Melbourne IT said that the low-margin business was a “drag” on the performance of its core business a ...Read the full article