ICANN/GNSO GNSO Email List Archives

[registrars]


<<< Chronological Index >>>    <<< Thread Index >>>

[registrars] Pivotal Private Equity to Acquire Network Solutions for $100m

  • To: registrars@xxxxxxxx
  • Subject: [registrars] Pivotal Private Equity to Acquire Network Solutions for $100m
  • From: Paul M Kane <Paul.Kane@xxxxxxxxxx>
  • Date: Thu, 16 Oct 2003 15:51:44 +0100
  • Sender: owner-registrars@xxxxxxxxxxxxxx
  • User-agent: Mozilla/5.0 (Windows; U; Windows NT 5.0; en-US; rv:1.4) Gecko/20030624 Netscape/7.1 (ax)

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20031016005202&newsLang=en


PHOENIX--(BUSINESS WIRE)--Oct. 16, 2003--Pivotal Private Equity announced today that it has signed an agreement to acquire control of Network Solutions, the world's largest domain name registrar, for $100 million. Herndon, Virginia-based Network Solutions provides a variety of Internet services, including domain name registration, e-mail services, Web-site hosting and creation tools, and other value-added services for its more than 4 million customers. Pivotal Private Equity will acquire the firm from VeriSign Inc., based in Mountain View, Calif., the leading provider of critical infrastructure services for Internet and telecommunications networks. The transaction is expected to close in the fourth quarter of 2003. VeriSign will retain a minority interest in Network Solutions and retain its registry business.

Best

Paul




<<< Chronological Index >>>    <<< Thread Index >>>