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- 17 readers -
  • Rightside sells eNom to Tucows for $83.5m

    … retention. For Rightside, the company said the spin-off will allow it to focus on vertical integration between its gTLD registry business and its consumer-facing registrar, Name.com. Rightside had come in for a certain amount of high-profile investor criticism for its dogged focus on new gTLDs at the expense of its eNom and Name.com businesses…

    Kevin Murphy/ DomainIncite- 24 readers -
  • Rightside refuses Donuts “opportunistic” $70m gTLD offer

    … Rightside has rebuffed Donuts’ semi-hostile takeover attempt for its portfolio of gTLD registry contracts. The question now is: will Donuts up the offer from the $70 million already on the table? In a pre-markets statement today, Rightside said the offer “undervalued” the assets. CEO Taryn Naidu is quoted as saying: After thoughtful…

    Kevin Murphy/ DomainIncite- 20 readers -
  • Rightside to modernize eNom, predicts $75m new gTLD revs

    … Rightside used its first quarter earnings call yesterday to address, albeit indirectly, some of the criticisms recently leveled at it by activist investors and competitors. CEO Taryn Naidu revealed for the first time how the company sees the new gTLD market playing out in the longer term. He said than in three to five years, Rightside expects…

    Kevin Murphy/ DomainIncite- 12 readers -
  • Rightside rejects Negari’s $5m new gTLD offer

    … Rightside has turned down Daniel Negari’s $5 million offer to acquire four of its new gTLDs, according to Negari. The XYZ.com CEO told DI via email tonight: I was looking forward to operating .Army, .Dance, .Dentist, and .Vet under the XYZ umbrella. I’m disappointed that Rightside didn’t entertain my offer, especially since I believe $5MM…

    Kevin Murphy/ DomainIncite- 15 readers -
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