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Donuts Completes Rightside Takeover

Rightside logoThe 2 Seattle-based new gTLD registries have finalised their merger, with Donuts in effect taking over Rightside. The takeover was finalised Thursday.

Together the new Donuts will operate 238 new generic top level domains, making it the largest registry operator by far. The next largest by new gTLDs is Minds + Machines, or MMX, with 26.donuts-logo

On domain names under management, Donuts will now manage almost 3 million domain names – the number currently stands at 2,956,678 according to nTLDstats.com, making them the fourth largest behind XYZ.COM, Famous Four Media and Jiangsu Bangning Science & Technology, which only has one TLD – .top. For XYZ.COM, their .xyz alone would make them the largest by DUM with its 5.606 million domains.

The deal valued Rightside on its own as being worth approximately $213 million which was a premium of approximately 22% percent over Rightside’s stock market value. As a result of the takeover Rightside will cease to be listed on the stock market.