King & Wood Mallesons

Melbourne IT has sold off its corporate domains business to CSC domains. They'd previously acquired the division in 2008 when they bought Verisign's DBMS business for US$50 million. The sale netted the company AU$152.5 million (approximately US$157 million, EUR120 million). Here's the full release: MELBOURNE, Australia – 12 March 2013 – Melbourne IT (ASX: MLB) today … [Read more...] about Melbourne IT Sells Off Brand Services Division