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CentralNic Group to acquire Hexonet Group for €10m.

Synopsis

CentralNic Group, the global internet platform that derives revenue from the subscription sales of internet domain names, offered to acquire Hexonet Group, a leading international platform for resellers of domain names, for €10m. Ben Crawford, CEO of CentralNic, said: "We are delighted that the Hexonet reseller platform, expert staff and customers are becoming part of CentralNic, boosting not only our recurring revenues and profits, but also our market share and competitiveness. Added to our existing capabilities, the Hexonet acquisition makes us the clear global leader, combining two of the most technically advanced global reseller platforms in the domain industry, and the formidable teams that built and run them."

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