According to a press release I received this afternoon, Donuts has reached an agreement to acquire the Afilias registry business. Afilias operates a large number of domain name extensions, and the company also provides back-end services to operators of domain name extensions. Terms of the deal were not disclosed by either party, but the deal is expected to close in December of this year.
With hundreds of domain name extensions under its control, Donuts is already the largest operator of domain name extensions. The acquisition of Afilias makes sense for the privately held company, as it will bring more extensions under its roof and will also move it into the back-end management for ccTLD extensions like .ME and .VC. As far as I recall, I do not believe Donuts operates in the ccTLD space yet.