United Internet Intends to Acquire United-Domains

Sedo’s parent company United Internet AG, has announced its intent to acquire United-Domains for 34 million Euros. However, the transaction, which...

Sedo’s parent company United Internet AG, has announced its intent to acquire United-Domains for 34 million Euros. However, the final value of the transaction, which is expected to close in the first quarter of 2009, will depend on the 2008 financial results.

United-Domains, currently owned by Lycos Europe, is Germany’s second largest registrar with 180,000 customers and 1.1 million domains. Sedo and United-Domains have partner together in the past to offer domain listings to customers searching for domains on the primary market.