18 Feb '14, 1pm

CentralNic Signs Agreement with Domain Venture Partners

CentralNic plc (AIM:CNIC ), the internet platform business which derives revenues from the worldwide sale of internet domain names, today announces that it has signed an agreement (“agreement”) with Domain Venture Partners’ new investment fund, DVP II, whereby the Company has been selected to be the registry service provider for certain registries acquired by DVP II; meaning that CentralNic’s platform will be used to enable their domain names to be purchased through domain name retailers (“registrars”) worldwide. Domain Venture Partners (“DVP”) recently launched DVP II as an investment fund, with a target size of US$400 million, to acquire Top-Level Domain registries, some of which are already live. DVP (through DVP I) invested in 60 companies which applied for licenses to operate generic TLD registries, and has become one of the largest registry operator groups. Commentin...

Full article: http://www.thedomains.com/2014/02/18/centralnic-signs-agr...

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