Directnic, a provider of domain names and other Internet services, announces that it has signed a definitive agreement to acquire domain name registrar Fabulous.com from Dark Blue Sea Pty. Limited. The transaction is expected to close later today.
“For years, Fabulous and Directnic have been two leading domain registrars each with their own market focus one serving businesses and the other serving domain investors. This acquisition provides a very complementary fit for each business.” said Rob Alfonso, Directnics’ Chief Operating Officer. “The acquisition keeps Fabulous customers well valued, well served and creates tremendous opportunities for each business through efficiency and scale.”
Mike Robertson, Directnics’ Director of Business Development said “I look forward to being part of the Fabulous.com team again. I dedicated close to 9 years growing the Fabulous brand, a brand I still love and am excited to develop further. We have some great things planned for the future. Most of all we are committed to providing our clients with the best service and tools, to ensure the success of their domain name business.”
According to Mike Robertson Directnic has approximately 600K domains under management. Fabulous has approximately 700K.
Congrats to all.