CentralNic LON:CNIC, the global software platform company supporting subscription web services including domain names, told DirectorsTalk today that on 8(th) January 2018 it completed the purchase of a number of portfolios of premium domain names with .com as their suffix, for an aggregate consideration of GBP2.5 million, satisfied from the Company’s own cash resources.
Ben Crawford, CEO of CentralNic, said: “CentralNic is delighted to have replenished its inventory of premium domains for trading, with these portfolios of mid-priced domains obtained at an attractive discount to current market rates. The market for these domains is relatively liquid, and trading in them leverages the Company’s global distribution capabilities and adds to the Company’s diversified revenue strategy.”