& cplSiteName &

NeuStar Acquires UltraDNS

Light Reading
News Wire Feed
Light Reading
4/20/2006
50%
50%

STERLING, Va. -- NeuStar, Inc. (NYSE: NSR - News), a leading provider of essential communications services to the global communications and Internet industry, announced today that it has entered into a definitive merger agreement to acquire UltraDNS Corporation of Reston, Virginia, for $61.8 million in cash, subject to customary closing conditions.

UltraDNS is a global industry leader in providing managed domain name systems (DNS) services. It plays a key role in directing and managing Internet traffic, enabling its thousands of customers to intelligently and securely control and distribute that traffic, and ensuring security, scalability and reliability of websites and e-mail. 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.

"With the acquisition of UltraDNS, NeuStar will be an even stronger provider of essential services to the communications industry, expanding the foundation for our continued growth and profitability," said Jeff Ganek, NeuStar's Chairman and CEO. "In North America, networks already rely on NeuStar's core business to know where to physically deliver communications destined for any telephone number. On the Internet, all communications routed to addresses in the .biz and .us domains are routed according to NeuStar's directory. We understand this business, have experience managing technology and operations, and we look forward to working closely with the UltraDNS team to continue to seek innovative interoperability solutions for the future," Ganek concluded.

Neustar Inc. (NYSE: NSR)

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
The world of virtualization is struggling to wrench itself away from the claws of vendor lock-in, which runs counter to everything that NFV stands for.
Flash Poll
Upcoming Live Events
March 20-22, 2018, Denver Marriott Tech Center
March 22, 2018, Denver, Colorado | Denver Marriott Tech Center
March 28, 2018, Kansas City Convention Center
April 4, 2018, The Westin Dallas Downtown, Dallas
April 9, 2018, Las Vegas Convention Center
May 14-16, 2018, Austin Convention Center
May 14, 2018, Brazos Hall, Austin, Texas
September 24-26, 2018, Westin Westminster, Denver
October 9, 2018, The Westin Times Square, New York
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
21st Century Networking? Welcome to the Lock-In
Steve Saunders, Founder, Light Reading, 2/20/2018
How Long Before We Hit Peak MWC?
Iain Morris, News Editor, 2/23/2018
Stakes Run High for Tivo in Comcast Suit
Mari Silbey, Senior Editor, Cable/Video, 2/20/2018
Liberty Global: Not So Fast on D3.1
Alan Breznick, Cable/Video Practice Leader, Light Reading, 2/20/2018
AT&T Reveals Initial 5G Cities
Dan Jones, Mobile Editor, 2/21/2018
Animals with Phones
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed