Sedo and InterNetX are part of a new public company

IONOS went public today.

Chart showing the pieces of IONOS: Aftermarket 150M Euro, web presence 800 million Euro, Cloud 100 million euro.
The pieces of IONOS, which went public today. Image from IONOS presentation last year.

Some domain name companies you’ve probably used are part of a new public company 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 new entity might give more insight into Sedo’s performance in the future because it will make up a meaningful part of the entity. For example, last year’s pitch for the IPO noted that Sedo makes about $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 about $4 billion, which was similar to that of United Internet itself. Instead, it priced low at about $2.8 billion, and shares slipped in early trading.

Post link: Sedo and InterNetX are part of a new public company

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