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2013/03/15

Domain Name News

Domain Name News

CSC buys Melbourne IT’s DBS for $152MM AUD

Posted: 14 Mar 2013 11:36 AM PDT

As reported by a number of sources, Melbourne IT (ASX:MLB) is selling it’s Digital Brand Management (DBS) to Corporation Services Company (CSC) for $152.5 million AUD. Melbourne IT had originally purchased the Digital Brand Management unit from VeriSign (NASDAQ: VRSN) for $50MM USD in 2008 and merged it with their existing corporate clients.

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