Reglikedomain industry desk

CrazyDomains owner buys Singapore domain and hosting firm

CrazyDomains owner buys Singapore domain and hosting firm

Australian registrar gobbles up Singapore firm.

Dreamscape Networks, owner of Australian domain name registrar CrazyDomains, has purchased Singapore’s Vodien Group for AUS $30 million (regarding USD $23 million).

Vodien Group has 27,000 clients and 52,000 domains under management. It ranks first in hosting market share in Singapore and third for Singapore’s .sg domain registrations with 19% market share.

Dreamscape, which owns 30% of the market for .au domains, has been trying to move beyond just domain names to increase its share of the hosting market. Earlier this year it purchased Australian hosting firm Net Logistics for AUS $2.55 million.

Dreamscape Networks went public last year. Shares trade on the Australian Securities Exchange under the ticker DN8.

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