GMO Internet acquires Japanese domain name registrar Solis

July 12, 2005

2 Min Read

TOKYO -- GMO Internet Inc. (GMO) (TSE: 9449), the largest and most diversified online services provider in Japan, has agreed to acquire Solis Corporation (http://www.solis.jp/), operating under the brand name, "Japan Registry" (http://www.japanregistry.com), a leading ICANN-accredited domain registrar and the leading distributor of Japanese domain names worldwide, in the form of a share swap valued at 1.125 billion yen.

GMO is Japan's leader in the online infrastructure services business, providing a full suite of solutions to its clients ranging from web hosting to online security to credit card payment processes. The company's mission is to develop online infrastructure services in a range of complementary service areas with the goal of creating synergies across its businesses. As part of their "Media Group Strategy", GMO is actively assembling Best-of-Breed providers to create a diversified set of solutions for all elements of online and e-commerce infrastructure services. Solis Corporation fits extremely well within this synergistic philosophy.

Solis Corporation is Best-of-Breed in its areas of focus, bringing clear leadership in both the international domain marketplace as well as brand management services for Japanese corporations. It maintains a comprehensive international partnership network that includes many of the largest Internet infrastructure providers around the world, as well as a strong network of tens of thousands of Japanese partners and end-customers. Meanwhile, Solis' corporate brand management services practice specializes in providing full-service brand-management and intellectual property advisory services to leading Japanese corporations.

A spokesperson for GMO commented, "We are very excited with the opportunity to welcome the Solis team to our company and are confident that they fit very well within the framework of GMO's Media Group Strategy. Solis's strengths, including its superior international partnership network, and its corporate brand management practice fill crucial gaps within GMO's existing business network. Adding their activities to our offerings will not only provide us with a leadership position in the international domain distribution market, but will allow us to build a business in the very high value-add area of Corporate Brand Management. We will also be able to add Solis' extensive domestic customer base to our own to significantly increase our market reach."

Solis' President and Founder, Darshaun Nadeau, said that the acquisition will be a great benefit to Solis' clients. "It will allow us to dedicate far greater resources to our current offerings as well as to leverage the full breadth of GMO's Media Group Strategy to all of our partners. With the strength of GMO's full team behind us, we will have increased capacity to improve our services and to satisfy our partners and clients."

GMO Internet Inc.

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