CentralNic, DotConnectAfrica’s Registry Partner Formally Announces September IPO
CentralNic, a registry partner with DotConnectAfrica for the ‘.africa registry’ has formally announced its plans for a September IPO on the AIM Market (“AIM”) of the London Stock Exchange.
“CentralNic is a registry service provider which supports top level domains (“TLDs” such as .la) and second level domains (“SLDs” such as .uk.com), distributing and powering domain names that end with those TLDs and SLDs, such as www.artweek.la and www.avon.uk.com
“CentralNic uses its in-house developed IT platform to provide the domain name system (“DNS”) infrastructure and distribute its own portfolio of domain names and for third party owners of TLDs and SLDs (also known as “registry operators”)
“CentralNic distributes to a global network or “registrars” (retailers such as GoDaddy and Network Solutions), which sell these to end users
“The Company owns a portfolio of 24 premium domain names including .uk.com and .us.com, which enables it to market subdomains such as avon.uk.com and activia.us.com to customers through its distribution network CentralNic currently has contracts to provide distribution services for seven other domains including two country codes, .LA and .PW”
“CentralNic has also been awarded the exclusive distribution contracts for 60 new TLDs, 25 of which are already confirmed to launch through CentralNic , including: .wiki, the TLD for one of the world’s best known website types; .college, for education institutions globally; .rest, the global TLD for restaurants; .contact, the TLD for contact forms and applications; .reit, for real estate investment trusts; .xyz, the most generic TLD, suitable for any use .bar, the TLD for bars Market Opportunity Following recent industry developments and regulatory changes”
“CentralNic expects, by virtue of its contracts and existing technical and distribution infrastructure, to benefit from a major expansion in the number of generic top level domains (“gTLDs”) such as .wiki and .college, which are expected to start operating from the end of 2013. Read more