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CentralNic buys premium domain name portfolios

By BFN News | 07:20 AM | Tuesday 09 January, 2018


CentralNic has completed the purchase of a number of portfolios of premium domain names with .com as their suffix, for an aggregate consideration of £2.5 million, satisfied from the company's own cash resources. Chief executive Ben Crawford 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.' Story provided by StockMarketWire.com

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