CentralNic rebrands as Team Internet

CentralNic adopts the name of a firm it purchased in 2019.

CentralNic, a rollup of domain name and online advertising firms, has changed its name to Team Internet Group.
It’s a name the firm by now had in its stable. It bought a domain monetization firm called Team Internet in 2019. (If you’re unfamiliar with that firm, you’re probably familiar with Team Internet’s parking platform, Parking Crew.)
That buyout ended up being pivotal for the firm. It marked the firm’s transition from a domain name firm to an online advertising business, which has accelerated in recent years.
Despite the name change, the CentralNic brand isn’t going away. The firm will continue to use it for its collection of domain name and online presence businesses.
Along with the name change, the firm changed its stock ticker from CNIC to TIG. The firm trades on the AIM, a submarket of the London Stock Exchange.
The firm’s former ticker was somewhat problematic. It was similar to CNNIC, which is short for China Internet Network Information Center, which operates .cn.





