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News and company bulletins relating to NetRegistry.
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Melbourne IT & WebCentral Merger
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NetRegistry is disappointed with WebCentral board's decision to reject pursuing our $1.65 to $1.75 per share, $74m to $78m proposal to acquire the WebCentral Group. Larry Bloch, CEO of NetRegistry said "NetRegistry had full confidence in securing the necessary equity sufficient for a fully funded offer of $1.75. What we lacked was support by WebCentral's Board. Our view was that the support of the WebCentral Board was the pivotal condition remaining for our proposal." "I believe our proposal is significantly better for WebCentral shareholders. At $1.75 cash WebCentral shareholders would have a better deal. However, without the WebCentral Board clearly indicating their support for a bid at that price, we simply ran out of time", said Bloch. NetRegistry has 10 years experience of hosting, unlike MelbourneI T who has just two years. We have our own dedicated, Australian based infrastructure compared to Melbourne IT's outsourcing arrangement with a US based hosting provider. NetRegistry is the third hosting business founded by Larry Bloch - the first of which is listed on the London Stock Exchange and the second was sold to another UK listed plc.
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NetRegistry takes title of No. 1 provider of Australian domain names
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NetRegistry registered 30% of all .com.au registrations in May, overtaking MelbourneIT whose 100% monopoly of this market has dropped to below 20% in less than 4 years.
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NetRegistry selected as .gov.au Registrar
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Special Minister of State, Senator Eric Abetz, has announced that Australian domain name provider, NetRegistry, had been selected as the Registrar for the Government's gov.au domain.
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NetRegistry becomes ICANN acreditted
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NetRegistry becomes an ICANN accredited Registrar in the .com, .net and .org domain name spaces.
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Interview with Anil Gupta - NetRegistry's Dedicated Hosting Manager
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Dedicated Hosting expert, Anil Gupta, explains what to look for when shopping for a dedicated server.
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