Counterfeiting costs ‘$1.8 trillion’ a year, report claims
Brand protection specialist NetNames has acquired Web IP, a domain name management company based in Australia.
Web IP’s co-founders Tyron Ball and Ed Seaford will continue to lead the business under the NetNames brand.
Commenting on the deal, Ball said: “This is a very exciting opportunity for the Australian market. Our clients will now have access to comprehensive brand protection services.”
Gary McIlraith, chief executive of NetNames, added: “Tyron and Ed have built a very successful business, providing excellent service in domain name management to the Australian corporate market. Under their continued leadership and with access to NetNames’s wider range of brand protection services, we look forward to continuing the rapid growth of Web IP within the NetNames family”.
The purchase price was not disclosed.
netnames, web ip, domain names, brand protection