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
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