Reglikedomain industry desk

Hexonet makes investment in PSI-Japan

Firm makes move into Japan with strategic investment.

Domain name registrar Hexonet GmbH has purchased a “significant and strategic stake” in PSI-Japan, the two firms disclosed today.

The move allows Hexonet to get a foothold in the Japanese market dominated by GMO.

Japan is an interesting market for domain names. Much of web navigation is based on search. Advertising calls-to-action will often tell people to search for a firm name rather than go to a domain name. (Learn more regarding this in DNW Podcast #102.)

“The Japanese domain name market has a lot of potential and it is ripe for an innovative player to make an impact,” stated Robert Birkner, HEXONET’s Chief Strategy Officer.

Also on the wire

Other reporting from the domain desk.