European registrar brings incremental scale, additional domain products and a high-quality reseller base to Tucows’ domains business

Email Print Friendly ShareMarch 19, 2019 07:00 ET | Source: Tucows Inc.

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.

Read the full story here: https://www.globenewswire.com/news-release/2019/03/19/1756858/0/en/Tucows-Inc-Acquires-Wholesale-Domain-Registrar-Ascio-Technologies.html

About the author

Renata is a businesswoman and published author. She owns many websites and primarily focuses on Digital Marketing, Website Creation, SEO, and Domain Brokering.

Renata is also the Founder/Editor of UK Domain Brokers, UK Website Designers, Cymru Marketing Journal, and Disability UK Online Magazine.

Renata offers several services for startups and SME’s.

Renata has a large network of over 10K connections on LinkedIn, compromising of Directors, CEOs, Millionaires, Billionaires, and Royalty. https://www.linkedin.com/in/renata-b-48025811/

Her service includes Website Design & Development, SEO, Marketing, Advertising, Content Writing, and Graphic Design.

Spread the love