Neustar to aquire UltraDNS
The registry operator of .US and .BIZ Neustar/Neulevel announced on April 19th that they have entered an agreement to purchase UltraDNS for 61.8 Million US Dollars in cash. This will give Neustar access to an important piece of Internet Infrastructure, as UltraDNS operates the DNS for many large corporations, but also for 20 TLDs, including .ORG, .INFO, .IN, .MOBI and about 3,000 other customers.
Based on unaudited financial statements, UltraDNS’ 2005 revenue totaled $12.6 million and the company was profitable. For 2006, NeuStar projects revenue growth for UltraDNS services in excess of 40 percent, and expects the acquisition to be accretive by the first quarter of 2007, including the amortization of intangibles resulting from the acquisition.