European registrar brings incremental scale, additional domain products and a high-quality reseller base to Tucows’ domains business
TORONTO, March 19, 2019 (GLOBE NEWSWIRE) — Tucows Inc. (NASDAQ:TCX, TSX:TC), a provider of network access, domain names and other Internet services, announced that it has signed a definitive agreement to acquire wholesale domain name registrar Ascio Technologies from CSC®. The transaction closed yesterday.
Tucows will pay $29.44 million and the transaction is expected to be immediately accretive to operating cash flow. The purchase price will be funded through Tucows’ existing credit facility.
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UKWebDesigners/UKDomainBrokers Offers Digital Marketing, Website Creation, SEO, and Domain Brokering.
An open platform that invites contributors and domain sellers serves as a dynamic marketplace where a diverse range of talents and offerings can converge. This platform acts as a collaborative space where individuals or businesses can share their expertise, creativity, and products with a broader audience.