NetRegistry Acquires PlanetDomain

[outsourcingplans]

Increases client base to 250,000 with the addition of 100,000 SME customers of PlanetDomain.

NetRegistry, a web hosting provider, has acquired the assets of PlanetDomain from Primus Telecommunications for over $8m. The acquisition was funded with cash and debt.

PlanetDomain is a top 5 Australian domain name and web hosting company serving over 100,000 domestic and international SMEs. The company is profitable and will continue to be managed by its current staff in Melbourne. NetRegistry is the second largest Australian hosting company and has over 150,000 SME customers.

"NetRegistry has direct access to vast numbers of SME businesses via fixed line, mobile, email and web property eyeballs. Our quality of service scored a perfect 5/5 in the recent HosTest.NET survey, one of only 3 companies globally to do so. NetRegistry now dominates the Australian market in domain name registrations, with 27% market share for 2006. This acquisition lev -- This message may have been cut off and the rest will only be shown to members. To become a member, click here --