(WEB HOST INDUSTRY REVIEW) --Domain registrar Tucows (http://www.tucowsinc.com/) announced on Tuesday that it has acquired all the shares of EPAG Domainservices GmBH (http://www.epag.de/) from QSC AG (http://www.qsc.de/) for about $2.5 million in cash.
German-based EPAG is an ICANN-accredited registrar that manages more than 400,000 domains. The registrar offers more than 200 TLDs as well, according to the press release.
This acquisition will increase Tucows exposure to the German reseller market, as well as bolster its OpenSRS wholesale domain registration services.
Tucows says it will continue serving EPAG customers and resellers via existing EPAG tools. Tucows will integrate EPAG's domain services into its OpenSRS wholesale domain registration service, according to the report.
“We believe combining the power of OpenSRS’ 12,000 active resellers in over 120 countries with EPAG’s ability to register such a broad range of TLDs will make OpenSRS unique in the industry,” Tucows president and CEO Elliot Noss said in a statement. “We expect that the deep expertise in registry integration we gain from EPAG will add invaluable bench-strength to our team as we prepare for ICANN’s roll-out of new TLDs.”
In July, the WHIR interviewed OpenSRS director of product management Adam Eisner on ICANN's decision to approve new TLDs. Eisner will present at HostingCon 2011 (http://www.hostingcon.com/) on Monday, August 8, about what the new TLDs will mean to hosting.
With this acquisition, OpenSRS will now manage more than 11.5 million domain names and, by the end of the year, OpenSRS resellers will be able to access more than 200 TLDs.
Tucows says it had "relatively little exposure" to the German-language reseller market before this acquisition.
In an OpenSRS blog post on Tuesday, Eisner says existing resellers can expect to see "significant gTLD and ccTLD coverage improvements, with a particular focus on regions like Europe, South America and Asia."
Since 2000, EPAG has specialized in the management of domains for domain resellers and small and medium-sized enterprises.
Last month, web hosting provider ResellerClub launched customized programs in the UK and German markets to support the demand of domain and internet services.
Article Source http://www.thewhir.com/web-hosting-news/080211_Tucows_Acquires_German_Domain_Registrar_EPAG_for_25_Million permits to republish here.
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