This afternoon, Team Internet AG announced that a deal has been reached for CentralNic to acquire the domain industry company “for up to US$48 million:”
Today we are proud to announce that we have become a part of the CentralNic Group PLC. We are joining a group of leading domain industry professionals and look forward to continuing to serve our partners with the support they know and trust. Full statement https://t.co/NL4wD4spuG
— Team Internet AG (@teaminternet) November 15, 2019
Team Internet is a domain name monetization company, which operates ParkingCrew and TONIC. ParkingCrew is a domain name parking service provider, and TONIC is a platform to buy and sell traffic. In the investor release announcing the acquisition, it was revealed that “Team Internet generated US$66.7m of revenue (unaudited) and US$10.6m of Adjusted EBITDA (unaudited) in the 12 months to 30 June 2019.” Based on a nameserver report from DomainIQ, it appears there are just over 604,000 domain names that use the ParkingCrew.net nameservers.