Domain Name News: “KeySystems and NameDrive Merge into KeyDrive SA” plus 1 more |
KeySystems and NameDrive Merge into KeyDrive SA Posted: 26 Jul 2011 10:44 AM PDT As DVMag reports (German) that the Luxemburgian Investment Fund BIP Investment Partners announced today that it is combining the Registrar Key Systems (St. Ingbert, Saarland) with the domain parking company Namedrive (Luxemburg) in a new holding company named Keydrive S.A. based in Luxembourg. Interestingly the new ownership was already added to NameDrive’s ICANNWiki entry earlier this month. While information on the new holding is not yet available in the registry of Luxembourg, DVMag was able to confirm that Horst Siffrin is the new Chairman of the Supervisory Board of Keydrive SA and Alexander O. Siffrin who also is CEO of Key Systems GmbH will become Chairman of the Board of Management. BIP owns 26.04% of KeyDrive SA and has invested a total of 6.1 M Euro according to the semi-annual filings of BIP, valuating the company at 23.42 M Euro. Prior to the forming of the new company BIP held 6.8 M Euro of Key-Systems GmbH, owning 33.33% of the company. Apparently some of the shares are owned by IS Inter-Services GmbH, which calls itself the German Holding for the KeyDrive SA. General Manager of this company are Alexander O. Siffrin and Dr. Eva C. Siffrin-Kokert Keydrive.com is owned by Frank Schilling’s NameAdministration (whois). |
Posted: 26 Jul 2011 08:47 AM PDT According to a post on Domain Name Wire and tweet by the new monetization company Rook Media, long time domain industry veteran Joe Higgins joined the company. Rook Media was founded by two former NameDrive managers after the company changed ownership and restructured earlier this year. Joe Higgins left DomainSponsor earlier this year, where he had been a senior account manager for 6 1/2 years. Last year he helped to establish DomainSponsors’ European operations. (c) 2011 DomainNameNews.com (9) Advertisement Tap into the most comprehensive Whois database on the planet: Discover the details of a domain's current ownership, learn a domain's pedigree and find all the domains ever owned by a specific company or individual by accessing historical information from DomainTools.com. |
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