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Melbourne IT Sells Off Brand Services Division

March 12, 2013 by Michele Neylon

Melbourne IT CEO and Managing Director, Theo Hnarakis

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

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