Cannell

  • Activist investor says eNom was sold too cheap

    … of the company a year ago. At that time, he called for the company to ditch its “garbage” new gTLD registries in favor of a focus on its higher-margin eNom business. He was supported by Uniregistry CEO Frank Schilling, then also a Rightside investor in addition to a competitor. Tweet Tagged: acquisition, cannell, enom, j carlo cannell, rightside, tucows …

    Kevin Murphy/ DomainIncite- 24 readers -
  • Rightside sells eNom to Tucows for $83.5m

    … the undisputed volume leader in the reseller world and the second-largest registrar overall. GoDaddy, the DUM leader, had about 55 million domains just in gTLDs at the last count. Tucows CEO Elliot Noss told analysts that the deal, along with the April 2016 acquisition of Melbourne IT’s reseller business, were “individual opportunistic transactions”. He…

    Kevin Murphy/ DomainIncite- 33 readers -
  • Rightside refuses Donuts “opportunistic” $70m gTLD offer

    … dissatisfaction with Rightside’s success rate with new gTLDs today. Activist investor J Carlo Cannell and Uniregistry CEO Frank Schilling, both of whom own small but significant chunks of Rightside, have called on the company to get rid of some of its under-performers. By announcing the offer publicly — apparently after months of private offers…

    Kevin Murphy/ DomainIncite- 26 readers -
  • Rightside to modernize eNom, predicts $75m new gTLD revs

    … to be 20% at the EBITDA level. The revelation of these targets may go some way to address investor concerns that Rightside is putting too much effort into its new gTLD business at the expense of its cash-generating registrars. J Carlo Cannell of Cannell Capital expressed these views and others in March, and was supported by fellow investor Frank…

    Kevin Murphy/ DomainIncite- 14 readers -
  • Rightside rejects Negari’s $5m new gTLD offer

    … to grow revenue from its new gTLD portfolio has become the focus of attention due to the intervention of activist investor J Carlo Cannell of Cannell Capital, who reckons the company is paying too much attention to rubbish TLDs at the expense of its profitable registrar businesses. Negari thinks he would be able to grow .army, .dance, .dentist…

    Kevin Murphy/ DomainIncite- 17 readers -