We knew CentralNic (London AIM: CNIC) was about to acquire another company. Now we know what it is.
The company announced today that it is acquiring Wando Internet Solutions GmbH. CentralNic will pay €5.4 million upfront and up to another €5.4 million in Q3 2022, depending on performance.
CentralNic describes Wando as a company in the social marketing, display advertising and SEM advertising spaces. Its website is a bit cryptic, but it suggests the company operates comparison websites.
CentralNic Group Plc (LON:CNIC) provides registry services, distribution, and strategic consultancy for new TLDs, ccTLDs and SLDs.