|
CentralNic
CEO Ben Crawford
IBS
Chairman Gregg McNair
IBS
Founder & CEO Marco
Rinaudo |
With
the rollout of ICANN's new
gTLD program, CentralNic
has become a major provider of
back end services to new gTLD registry operators.
However, years earlier the
company had already carved out
a profitable niche that they
continue to mine today, providing
third level CentralNic domains
that participating registrars
offer in 30 different
geo-targeted extensions
including .us.com, .uk.com
and eu.com. With the acquisition
of Intrenet.bs, CentralNic
will have their own registrar
to sell all TLDs directly to
the public worldwide.
IBS
Chairman Gregg McNair
and IBS Founder and CEO Marco
Rinaudo worked closely
with CentralNic CEO Ben
Crawford to get the deal
done. Crawford said of
Internet.bs, “A registrar
that serves customers in 199
countries is pretty
remarkable. And when you add
to that IBS’s advanced
technology, its smart,
efficient people and its
commitment to low prices
and great service, that
all makes IBS the kind of
company we are excited to have
join the CentralNic Group."
Crawford
added, ""As well as
being a cash generative
business with a large
international client base,
this acquisition provides us
with the multilingual
technical platform we need
to offer domains for sale to
the public in developing
markets worldwide, where we
have identified several
opportunities in domain name
retail."
IBS
Chairman McNair
added, “I am delighted to
bring together two excellent
businesses. Further I am
pleased to have been able to
assist my good friend and
business partner Marco, in
this transaction. CentralNic
certainly has the capacity and
resources to take the IBS
business to the next
level."
Rinaudo
noted, “I am pleased to
confirm that all IBS staff
will continue with me to
ensure a seamless transition.
I am very excited to see the
Company that I founded and
nurtured for more than 10
years enter this new phase
of development. The great
working relationship that I
have forged with Ben Crawford
and the CentralNic team
provides me with the assurance
that my IBS customers will be
well supported in the future
and will appreciate the
proposed broadening of
services to be introduced by
the combined team. I will be
working alongside Ben to make
sure that happens in the best
interest of our established
and new customers.”
Rinaudo, who was
born in Italy, started
Internet.bs after selling a
successful hosting
business in France.
After the sale he and his
French wife moved to the Bahamas
where they started up IBS as a
cost-efficient registrar and
domain administration
technical platform. They
prospered by passing cost
benefits onto customers.
As the IBS business continued
to grow the Rinaudo family
later moved to |
