CentralNic acquires NameAction assets in $1m deal


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Internet company CentralNic said it had acquired the domain name and brand protection business trading as NameAction in a $1 million deal.

The NameAction business was expected to contribute about $2 million in annual recurring revenues and about $0.2 million in adjusted earnings before interest, taxes, depreciation, and amortisation, or EBITDA, to the online presence segment from 2022, the company said.