CentralNic Restructures

A company backed by a large media and telecoms group has purchased the business of CentralNic the "uk.com" Internet name Registry for an undisclosed sum. This follows CentralNic's recent successful re-structuring. The business will continue to trade under the CentralNic name.

The same staff will remain in place and the business premises will remain at the same location, ensuring a seamless transition.

A spokesperson for the vendor said "We wish the new owners well in the development of the Registry and are sure that they will continue to serve the customers and registrars to the same high standard that we have in the past."

Robert Pooke, director of the acquirer said "I hope this will prove a successful new dawn for CentralNic, with a strong financial base to back our future investment plans."

Camilla Coxe, who will continue to head the business, said: "I am delighted that the business can flourish under new ownership, and our continued commitment to stakeholders remains unchanged."