Today's Deals: Register.com Buys Afternic | Internet News

Today’s Deals: Register.com Buys Afternic

Written By
Richard Black
Richard Black
Sep 18, 2000
2 minute read

CMGion + Tribal
Voice
, Register.com + Afternic.com

















































 Register.com (RCOM) acquires
Afternic.com

 

  
* 
Amount:
         $45
million

 

  
* 
Terms:
           
4.38 million shares/$10 million cash

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      A-

 



    NEW YORK, Sept. 15–Register.com , an
    Internet domain name registrar, and Afternic.com, a provider of
    domain name resale services, announced that register.com has signed a definitive
    agreement to acquire Afternic.com, a
    provider of domain resale services including, auctions and appraisals to
    individuals and businesses of all sizes. Register.com will issue 4.38
    million shares of common stock and pay $10 million in cash.


     

 
































 CMGion acquires Tribal Voice

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      C+

 



    ANDOVER, Mass., Sept. 15–CMGI , a global
    Internet operating and development company, announced that its
    majority-owned operating company CMGion, which is developing a
    network-based services platform, will acquire fellow majority-owned
    operating company Tribal Voice, a provider of co-branded instant
    messaging, PowWow, and interactive communications solutions. CMGion plans to integrate Tribal Voice’s instant messaging
    technology as a component of its platform aimed at improving the
    functionality and performance of Internet applications and content
    delivery. Terms of the transaction were not disclosed.


     

 
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