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Centralnic Group Plc

INTERVIEW: CentralNic Group Continue Moving up the Ranks

CentralNic Group Plc (LON:CNIC) CEO Ben Crawford joins DirectorsTalk to discuss the completion of its acquisition of KeyDrive. Ben explains the significance of the latest announcement, with a headline acquisition price of $55 million and £24 million being raised explains how the numbers work, how easy it was to raise the funds and where this deal takes the much-enlarged CentralNic in the global domain name and web services industry.

CentralNic Group Plc 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.