Reglikedomain industry desk

Sedo and InterNetX are part of a fresh public firm

Sedo and InterNetX are part of a fresh public firm

IONOS went public today.

Chart showing the pieces of IONOS: Aftermarket 150M Euro, web presence 800 million Euro, Cloud 100 million euro.

Some domain name firms you’ve probably used are part of a fresh public firm today.

United Internet spun off IONOS in an initial public offering in Germany today. The IONOS entity includes Sedo, InterNetX, IONOS, Strato, united-domains, Arsys, Fasthosts, and a few others.

The fresh entity might give more insight into Sedo’s performance in the future since it will make up a meaningful part of the entity. For example, last year’s pitch for the IPO noted that Sedo makes regarding $150 million revenue per year and that the aftermarket sold 48% more domains in 2021 than in 2019.

United Internet had hoped for a valuation of regarding $4 billion, which was similar to that of United Internet itself. Instead, it priced low at regarding $2.8 billion, and shares slipped in early trading.

Also on the wire

Other reporting from the domain desk.

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