M&A Deal Summary

Webcentral Acquires Digital Brand Management Services - VeriSign

On April 30, 2008, Webcentral acquired information technology company Digital Brand Management Services - VeriSign from VeriSign for 50M USD

Acquisition Highlights
  • This is Webcentral’s 2nd transaction in the Information Technology sector.
  • This is Webcentral’s largest (disclosed) transaction.
  • This is Webcentral’s 1st transaction in the United States.

M&A Deal Summary

Date 2008-04-30
Target Digital Brand Management Services - VeriSign
Sector Information Technology
Buyer(s) Webcentral
Sellers(s) VeriSign
Deal Type Divestiture
Deal Value 50M USD

Target

Digital Brand Management Services - VeriSign

United States
Digital Brand Management Services provides digital brand protection and performance IT related services.

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Buyer(S) 1

Buyer

Webcentral

Melbourne, Australia

Category Company
Founded 1996
Sector Information Technology
Employees689
Revenue 61M AUD (2020)
DESCRIPTION

Webcentral is a domain name registration company and IT services. Melbourne IT offers domain registration, website design, email and web hosting. Webcentral was founded in 1996 and is based in Sydney, Australia.


DEAL STATS #
Overall 2 of 6
Sector (Information Technology) 2 of 5
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-22 WebCentral Pty

Sydney, Australia

WebCentral is a full-service digital services partner for small and medium businesses - fuelling the growth of local businesses from inception to acceleration. Since its founding in 1996, Webcentral (previously Melbourne IT Group and Arq Group) has helped fuel the digital success of more than one million Australian small to medium businesses. With roots in domain name and hosting, Webcentral is the small and medium business digital growth solution experts helping businesses get online, improve their online performance, and protect their online presence.

Buy AU$65M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-12 CSC Digital Brand Services

Santa Clara, California, United States

Digital Brand Services (DBS) division of Melbourne IT. The resulting corporate domain name and online services business will operate under a new name, CSC Digital Brand Services.

Sell $153M

Seller(S) 1

SELLER

VeriSign

Reston, Virginia, United States

Category Company
Founded 1995
Sector Information Technology
Employees907
Revenue 1.5B USD (2023)
DESCRIPTION
Entrance to VerSign's corporate headquarters in Reston, Virginia.
Entrance to VerSign's corporate headquarters in Reston, Virginia.

VeriSign is a global provider of domain name registry services which power the navigation of the Internet by operating a global infrastructure for a portfolio of top-level domains that includes .com, .net, .tv, .edu, .gov, .jobs, .name and .cc as well as two of the world’s 13 Internet root servers. VeriSign's product suite also includes Network Intelligence and Availability Services consisting of Distributed Denial of Service Protection Services, Verisign iDefense Security Intelligence Services and Managed Domain Name System Services. VeriSign was formed in 1995 and is based in Reston, Virginia.


DEAL STATS #
Overall 2 of 7
Sector (Information Technology) 1 of 4
Type (Divestiture) 2 of 7
Country (United States) 2 of 7
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-28 inCode

San Diego, California, United States

InCode Wireless a global wireless technology develops and implements high-impact strategies and solutions that increase the profitability and performance of wireless networks.

Buy $52M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-01 Global Name Registry

London, United Kingdom

GNR Ltd. was a provider of consumer focused domain name services for the Internet.

Buy $12M