Vector Capital Completes Register.com Acquisition

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Vector Capital Corporation, a San Francisco-based private equity firm, yesterday announced the closure of its acquisition of Register.com, a provider of domain name registration and Internet services. Vector acquired Register.com for $7.81 per share, or approximately $200 million.

David Moore, Interim CEO of Register.com, will remain in that position while Vector Capital performs a search for a permanent CEO. Register.com is the first investment in Vector Capital III, a new $350-million private equity fund raised by Vector earlier this year.

Register.com will join several other Vector Capital portfolio companies from previous Vector Capital funds, including LANDesk Software, spun-out from Intel Corporation, Savi Technology, spun-out from Raytheon Corporation and Corel Corporation, maker of the popular WordPerfect, CorelDRAW and Paint Shop families of productivity and creativity software, which Vector took private in 2003.

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