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Centralnic Group Plc

CentralNic Group PLC Update on completion of acquisition of SK-NIC

Centralnic Group PLC (LON:CNIC), the global software platform company supporting subscription web services including domain names, has advised that, due to complexities in legal processes, its acquisition of the business and assets of SK-NIC, the manager of the exclusive country code top-level domain for Slovakia, .sk, is now expected to complete in November.  The acquisition was detailed in an announcement dated 25 August 2017. 

 

Centralnic is a London-based AIM-listed company which develops and manages software platforms allowing businesses globally to use the internet for their own websites and email, as well as protecting their brands online.  Its core growth strategy is identifying and acquiring cash-generative businesses with annuity revenue streams and exposure to emerging markets, and migrating them onto the CentralNic software and operating platforms. CentralNic operates globally with customers in over 200 countries.  It earns revenues from the worldwide sales of internet domain names and hosting on an annual subscription basis. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.