CentralNic Group PLC - London-based domain name registry and registrar services firm - Acquires SafeBrands, a French online brand protection software and corporate internet services provider, for a cash total of up to EUR3.6 million. Says of this amount, EUR3 million was paid upfront and the remaining EUR600,000 will be paid subject to SafeBrands having met agreed financial objectives during its 2020 financial year.
"The acquisition of SafeBrands is an important next step for CentralNic in our strategy to provide comprehensive end-to-end digital domain name and online brand protection services to enterprise clients, globally. SafeBrands' brand protection products will help CentralNic further broaden our capabilities in this space, creating an unparalleled suite of solutions for our current and future customers," says Chief Executive Ben Crawford.
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By Zoe Wickens; zoewickens@alliancenews.com
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