March 3rd 2008 – For Immediate Release: EuroDNS, a leader in Domain Name Registration, is pleased to announce the acquisition of a 20% stake into its share capital by BIP Investment Partners SA, a major institutional investor. The move will help support its ongoing growth and development.
Based in Luxembourg, EuroDNS has become even more attractive with this country’s recent move towards an investor-friendly legal environment leading to an 80% exemption for revenue directly generated by domain names. Both factors have played a strong part in BIP’s interest in the Domain Name market.
“We are both proud and excited to welcome BIP as a new Shareholder” comments Xavier Buck, CEO of EuroDNS, “Having such a powerful institution supporting our strategy and management is highly significant and will boost our external expansion. The company will indeed continue to evaluate acquisitions that extend its overall capabilities”.
In less than six years, EuroDNS has become one of the top European Registrars with a steady growth in domain names’ registrations and one of the biggest portfolios of domain names under management. EuroDNS’ highly successful “one stop shop” strategy, allows customers to consolidate their portfolio both in Europe (.EU, .FR…) Asia (.KR, .CN) and worldwide (.Com, .Mobi…) under one roof. Its excellent relations with Domain Name Registries and the ease-of-use of its interface (www.eurodns.com) have also helped form close ties to the Domain investors’ community.
Marc Faber, Managing Director of BIP explains “Our investment decision has been driven by EuroDNS’ position at the heart of the domain names industry and the company’s long-term strategy. This is yet another opportunity for our company to support young successful entrepreneurs in Luxembourg who have been recognized internationally in the e-commerce field”.
About EuroDNS
EuroDNS is a Domain name Registrar specialized in International Domain extensions. Based in Luxembourg with branch offices in Europe, the USA and Asia, EuroDNS serves a large variety of clients ranging from SMEs to some of the world’s largest Domain Investors and offers dedicated naming solutions to Trademark holders. By strongly participating in leading industry forums including ICANN and the International Trademark Association, EuroDNS seeks to promote e-Commerce and wider Internet adoption. www.eurodns.com
Contact :
Melanie Delannoy
+352 26 19 16 – 1
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
About BIP Investment Partners (BIP)
BIP is an investment company listed on the Luxembourg stock exchange. As an institutional investor, BIP holds stakes in major businesses in the Luxembourg economy and neighbouring regions. The company is active in the private equity sector and also invests in venture capital funds. As a part of its mission, BIP seeks to encourage entrepreneurship by supporting innovative, high-potential projects. BIP is a component stock of the LuxX, the index of the Luxembourg Bourse.
Contact :
Marc Faber
+352 26 00 26-1
Internet : www.bip.lu