Today's Deals: Register.com Buys Afternic

Filed under:hznp.com — jack @ January 7, 2009 edit
CMGion + Tribal Voice, Register.com + Afternic.com









 Register.com (RCOM) acquires Afternic.com

 

   *  Amount:         $45 million

 

   *  Terms:            4.38 million shares/$10 million cash

 

   *  Premium:        n/a

 

   *  Industry:        Internet services

 

   *  Scorecard:      A-

 


    NEW YORK, Sept. 15--Register.com, an Internet domain name registrar, and Afternic.com, a provider of domain name resale services, announced that register.com has signed a definitive agreement to acquire Afternic.com, a provider of domain resale services including, auctions and appraisals to individuals and businesses of all sizes. Register.com will issue 4.38 million shares of common stock and pay $10 million in cash.

     

 

 CMGion acquires Tribal Voice

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Internet services

 

   *  Scorecard:      C+

 


    ANDOVER, Mass., Sept. 15--CMGI, a global Internet operating and development company, announced that its majority-owned operating company CMGion, which is developing a network-based services platform, will acquire fellow majority-owned operating company Tribal Voice, a provider of co-branded instant messaging, PowWow, and interactive communications solutions. CMGion plans to integrate Tribal Voice's instant messaging technology as a component of its platform aimed at improving the functionality and performance of Internet applications and content delivery. Terms of the transaction were not disclosed.

     

 





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