Rightside

    • Donuts to complete Rightside acquisition tonight

      Donuts is on the verge of closing its acquisition of coopetitor Rightside, after the vast majority of Rightside shareholders agreed to sell up. Rightside just disclosed that owners of 92% of its shares — 17,740,054 shares — have agreed to sell at Donuts’ offer price of $10.60 per share. That means the remaining 8% of shares that were not tendered will be converted into the ...

      Kevin Murphy/ DomainIncite- 22 readers -
    • Tucows revenue rockets after Enom buy

      Tucows saw its revenue from domain names more than double in the second quarter, following the acquisition of rival Enom. The company this week reported domain services revenue for the three months ending June 30 of $62.8 million, compared to $28.4 million a year ago. That was part of overall growth of 78%, with revenue rising from $47.2 million in 2016 to $84.2 million this year.

      Kevin Murphy/ DomainIncite- 13 readers -
  • ICANN gives the nod to Donuts-Rightside merger

    … ICANN has given its consent to the acquisition of Rightside by rival new gTLD registry Donuts, according to the companies. The nod means that one barrier to the $213 million deal has been lifted. Rightside, which is listed on Nasdaq, still needs the majority of its shareholders to agree to the deal and to satisfy other customary closing…

    Kevin Murphy/ DomainIncite- 14 readers -
  • BREAKING: Donuts to pay $213 million for Rightside

    … Kevin Murphy, June 14, 2017, 12:39:00 (UTC), Domain Registries Donuts is to acquire Rightside for $213 million, the companies have just announced. The $10.60 per share cash offer represents a 12% premium over Rightside’s average closing share price over the last 30 days. The two gTLD registries are already partners, with Rightside providing…

    Kevin Murphy/ DomainIncite- 12 readers -
  • Activist investor says eNom was sold too cheap

    … J Carlo Cannell, the activist investor who has been circling Rightside for the last year or so, was unimpressed with the company’s recent sale of eNom to Tucows. In a letter published as a Securities and Exchange Commission filing last week, Cannell announced that he has started up a support group for fellow “concerned” investors…

    Kevin Murphy/ DomainIncite- 23 readers -
  • Tucows says eNom may be shrinking as Melbourne IT drives 2016 growth

    … under the hood and get a better sense of the platform as we will with all of the operations, the long-term plan might be different. The acquisition was “overwhelmingly about generating scale and realizing cost efficiencies”, Noss said. Tucows paid $83.5 million for eNom, which has about $155 million in annual revenue and is expected to generate about $20 million in EBITDA per year after efficiencies are realized. Tweet Tagged: acquisition, earnings, enom, hover, melbourne it, rightside, tucows …

    Kevin Murphy/ DomainIncite- 28 readers -
  • Donuts sticks with Rightside despite Google support

    … Donuts has renewed its back-end registry services contract with Rightside, Rightside has announced. That’s despite indications a few months ago that it might have been preparing for a switch to Google’s new Nomulus platform. Rightside said yesterday that the deal, which has seen Rightside handle the registry for Donuts’ portfolio of almost…

    Kevin Murphy/ DomainIncitein Google- 28 readers -
  • Now MMX kills off premium renewals

    …. The reduced pricing will make the domains more attractive to domainers and end users alike, but I suspect the former will be more likely to exploit the new deal at first. It’s the second new gTLD registry, after Rightside, to announce such a move this month. Rightside said it was abolishing premium renewals on its expensive Platinum-level domains, though they will remain on more modestly priced premiums. Tweet Tagged: Minds + Machines, mmx, premiums, rightside …

    Kevin Murphy/ DomainIncite- 27 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 cuts super-premium fees in half, drops premium renewals

    … registrars with buy-it-now fees that automatically applied the premium renewal fees. However, it seems that the vast majority if not all of these sales came via the company’s in-house registrars such as Name.com and eNom, where there was a more flexible “make an offer” button. Under a new Platinum Edge product, RightSide hopes to bring…

    Kevin Murphy/ DomainIncite- 17 readers -
  • Rightside new gTLD renewals can top 80%

    … Rightside says it is seeing encouraging renewal figures from its oldest batch of new gTLDs. The company this week revealed that renewals after two years of ownership on average stand at 81%. In a blog post, Rightside broke out some numbers for .dance, .democrat, .ninja, .immobilien, .social, .reviews and .futbol. Those seven are the only…

    Kevin Murphy/ DomainIncite- 17 readers -
  • Donuts rolls the dice with $22.5 million .web lawsuit

    … Donuts is demanding ICANN pay up the $22.5 million it reckons it is owed from the auction of the .web gTLD, which sold late last month for $135 million. The company yesterday amended its existing California lawsuit against ICANN to allege that Verisign tried to avoid regulatory scrutiny by secretly bankrolling successful bidder Nu Dot Co…

    Kevin Murphy/ DomainIncite- 24 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 -
  • Web.com acquires dozens of registrars from Rightside

    … Web.com has acquired dozens of registrars from rival/partner Rightside, seemingly to boost the success rate of its SnapNames domain drop-catching business. I’ve established that at least 44 registrars once managed by Rightside/eNom have moved to the Web.com stable in recent weeks, and that might not even be the half of it. All…

    Kevin Murphy/ DomainIncite- 13 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- 14 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- 17 readers -
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