Difference between revisions of "Register.com"

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{{CompanyInfo|
 
{{CompanyInfo|
| logo             = registerLogo.jpg
+
| logo           = registerLogo.jpg
| type             = Private
+
| type           = Private
| industry         = Registrar
+
| industry       = Registrar
| founded           = USA (1999)
+
| founded         = USA, 1999
| founders         = [[Richard Foreman]]<br/>[[Peter Foreman]]  
+
| founders       = [[Richard Forman]]<br/>[[Peter Forman]]
| headquarters     = 575 8th Ave., 11th FL<br/> New York,<br/> NY 10018-3011, <br/>USA
+
| ownership      = Acquired by [[Web.com]] in July 2010
| employees         = 489 (2008)
+
| headquarters   = 575 8th Ave., 11th FL<br/> New York,<br/> NY 10018-3011
| revenue           = 51.70 M (2008)
+
| country        = USA
| keypeople         = [[David L. Brown]], President<br>
+
| businesses      =
 +
| products        =
 +
| employees       = 489 (2008)
 +
| revenue         = $51.70 M (2008)
 +
| website        = [http://www.register.com Register.com]
 +
| blog            =
 +
| facebook        =
 +
| linkedin        =
 +
| twitter        = Register_com
 +
| keypeople       = [[David L. Brown]], President<br>
 
[[Gary S. Michel ]], EVP and CFO<br>
 
[[Gary S. Michel ]], EVP and CFO<br>
 
[[Myles Trachtenberg]], SVP and CIO<br>
 
[[Myles Trachtenberg]], SVP and CIO<br>
| website          = http://www.register.com
 
 
}}
 
}}
  
'''Register.com''' is a web hosting and internet domain register company based in NY, USA.  
+
'''Register.com''' is a web hosting and internet domain register company based in New York, USA.  
  
The company mainly sells registrations for general extension i.e. .com, .net, .org, .co, .biz and also country based extensions i.e. .uk, .us, .jp, .ca, etc. The company serves an extensive range of customers from individuals and small businesses to large corporations, and it has more than 2.5 million domain names under its management. <ref>[http://biz.yahoo.com/ic/99/99569.html Yahoo! Finance]</ref>
+
The company sells registration for general extensions like [[.com]], [[.net]], [[.org]], [[.co]], [[.biz]], as well as [[ccTLD]]s such as: [[.uk]], [[.us]], [[.jp]], and [[.ca]]. The company serves a range of customers, from individuals and small businesses to large corporations, and has more than 2.5 million domain names under its management.<ref>[http://biz.yahoo.com/ic/99/99569.html Yahoo! Finance]</ref>
  
The company also offers email packaging, website hosting, website developing, security solutions, and internet marketing services. The headquarters of Register.com is located in New York city and has branches in Baltimore and Halifix, United States, London, England, and Nova Scotia, Canada.  
+
The company also offers email packaging, website hosting, website developing, security solutions, and internet marketing services. The headquarters of Register.com is located in New York City, with branches located in Baltimore and Halifix, United States, London, England, and Nova Scotia, Canada.  
  
 
==History==
 
==History==
* The company was founded in 1994 by brothers [[Richard Foreman]] and [[Peter Foreman]] as an Internet Service Provider under the name Forman Interactive. The company changed its name to Register.com in 1999.
+
* The company was founded in 1994 as an [[ISP]] under the name Forman Interactive by brothers [[Richard Forman]] and [[Peter Forman]]. The company changed its name to Register.com in 1999.
  
* Register.com was one of the first five [[Testbed Registrars|testbed Registrars]] for the competitive Shared Registry System announced by ICANN in 1999.<ref>[http://www.wallonie-isoc.org/Internet_Documents-en-francais/Hobbes_Internet-Timeline_trad.htm Robert H'obbes' Internet Timeline ]</ref>
+
* Register.com was one of the first five [[Testbed Registrars]] for the competitive [[SRS|Shared Registry System]] announced by [[ICANN]] in 1999.<ref>[http://www.wallonie-isoc.org/Internet_Documents-en-francais/Hobbes_Internet-Timeline_trad.htm Robert H'obbes' Internet Timeline]</ref>
  
* In 2000, Register.com issued an IPO and began trading on the NASDAQ under ticker symbol RCOM pricing its share at $24.<ref>[http://news.cnet.com/Register.com-prices-IPO-at-24/2100-12_3-264964.html cnet News ]</ref> In 2004, the company was listed by VeriSign as one of the top domain name registrars in the world.
+
* In 2000, Register.com issued an [[IPO]] and began trading on the NASDAQ, under the ticker symbol RCOM, pricing its share at $24.<ref>[http://news.cnet.com/Register.com-prices-IPO-at-24/2100-12_3-264964.html cnet News ]</ref>  
  
* Register.com parted ways with co-founder and CEO Richard Forman in June, 2003.<ref>[http://www.internetnews.com/bus-news/article.php/2222401/Forman-Out-as-Registercom-CEO.htm Internetnews.com]</ref> Peter Forman, brother of Richard Forman and co-foundeder of the company assumed the role as President and CEO the very same day. Peter Foreman resigned as CEO in February 2005.
+
* Register.com parted ways with co-founder and CEO [[Richard Forman]] in June, 2003.<ref>[http://www.internetnews.com/bus-news/article.php/2222401/Forman-Out-as-Registercom-CEO.htm Internetnews.com]</ref> [[Peter Forman]], brother of [[Richard Forman]] and co-founder of the company, assumed the role as President and CEO the very same day. [[Peter Forman]] later resigned as CEO in February 2005.
  
* In 2006, Register.com was sold to the San Francisco-based private equity firm [[Vector Capital Corporation]] for approximately $200 million.<ref>[http://www.redherring.com/Home/13093 Red Herring]</ref> [[David Moore]] was appointed as interim CEO of the company by Vector Capital after the acquisition. <ref>[http://www.sonostarventures.com/moore_bio.htm Sonostar Ventures]</ref>. During his time, the company focused on cost reduction through better business practices.  
+
* In 2004, the company was listed by [[Verisign]] as one of the top domain name registrars in the world.
 +
 
 +
* In 2006, Register.com was sold to the San Francisco-based private equity firm [[Vector Capital Corporation]] for approximately $200 million.<ref>[http://www.redherring.com/Home/13093 Red Herring]</ref> [[David Moore]] was appointed as interim CEO of the company by Vector Capital after the acquisition.<ref>[http://www.sonostarventures.com/moore_bio.htm Sonostar Ventures]</ref>. During his time, the company focused on cost reduction through better business practices.  
  
 
* On November 1st, 2006, Register.com announced the appointment of [[Larry Kutscher]] as CEO of the company.<ref>[http://www.crainsnewyork.com/apps/pbcs.dll/article?AID=/20061101/FREE/61101010/1064/newsletter01 Crain's New York Business.com]</ref>. Under Kutscher, Register.com continued the strategy of supporting small business owners and entrepreneurs.<ref>[http://voices.washingtonpost.com/small-business/2008/05/qa_with_registercom_ceo_larry.html The Washington Post]</ref>
 
* On November 1st, 2006, Register.com announced the appointment of [[Larry Kutscher]] as CEO of the company.<ref>[http://www.crainsnewyork.com/apps/pbcs.dll/article?AID=/20061101/FREE/61101010/1064/newsletter01 Crain's New York Business.com]</ref>. Under Kutscher, Register.com continued the strategy of supporting small business owners and entrepreneurs.<ref>[http://voices.washingtonpost.com/small-business/2008/05/qa_with_registercom_ceo_larry.html The Washington Post]</ref>
  
* Kutscher served as CEO of Register.com until July 2010<ref>[http://www.earthtimes.org/articles/press/larry-kutscher-new-ceo,1506537.html Earth Times ]</ref>. In July 2010, Register.com was acquired by [[Web.com]] for about $135 million.<ref>[http://www.dailyfinance.com/story/web-com-register-com/19520249/ Daily Finance ]</ref>
+
* Kutscher served as CEO of Register.com until July 2010,<ref>[http://www.earthtimes.org/articles/press/larry-kutscher-new-ceo,1506537.html Earth Times ]</ref> when Register.com was acquired by [[Web.com]] for approximately $135 million.<ref>[http://www.dailyfinance.com/story/web-com-register-com/19520249/ Daily Finance ]</ref>
  
 
== Products and Services ==
 
== Products and Services ==
 
According to their official website, the products and services Register.com provides are:
 
According to their official website, the products and services Register.com provides are:
* [[Domain Registration]] - registrations for general extension i.e. .com, .net, .org , .co , .biz and also country based extensions i.e. .uk, .us, .jp, .ca etc.
+
* '''Domain Registration''' - registrations for general extension, such as: .com, .net, .org , .co , .biz and also country based extensions, such as: .uk, .us, .jp, .ca
* [[Email Packages]] - Different packages for single users, multi-users, professionals and business entities.
+
* '''Email Packages''' - Different packages for single users, multi-users, professionals and business entities.
* [[Website Development]] - Website design and development for standard website, ecommerce website, custom website etc.
+
* '''Website Development''' - Website design and development for standard websites, e-commerce websites, and custom websites.
* [[Security Solutions]] - Different kind of security solutions such as standard SSL, premium SSL, wildcard SSL etc.  
+
* '''Security Solutions''' - Different kinds of security solutions, such as standard SSL, premium SSL, wildcard SSL, etc.
* [[Promotional Services]] - Such as online marketing, email promotion, visitor clicks etc.
+
* '''Promotional Services''' - For example, online marketing, email promotion, visitor clicks, etc.
 
 
==Awards==
 
Register.com received frequent awards and recognitions for their role of pioneer business entity in Internet and web business.  They have received "An Outstanding Customer Service Experience"
 
by J.D. Power and Associates for 2005, 2006, 2007, 2008, and 2009, "Shared Hosting Provider"
 
by The Web Host Directory for 2008 and 2009, "Editors Choice Award" by HostingFindMyHost.com for 2009<ref>[http://www.register.com/about/awards.rcmx Register.com ]</ref>, the "#1 Shared Hosting Provider" award by The Web Host Directory for 2005 and 2006, the "Users Choice Award" by Name Intelligence in 2005 and "Stevie Award Finalist" American Business Awards for 2005. They were rated number one in Top 10 Best Rated Website Hosting Reviews by Website-Hosting-Reviews.net. <ref>[http://www.website-hosting-reviews.net/ Website-Hosting-Reviews.net]</ref>
 
 
 
  
 
==ICANN Registrar Accreditation==
 
==ICANN Registrar Accreditation==
In March 1999, [[ICANN]] Board posted the Statement of Registrar Accreditation Policy to implement a program for registrar accreditation for the .com, .net, and .org top-level domains. From March 11 to April 8, 1999, [[ICANN]] accepted applications from entities seeking accreditation to participate as one of the five domain name registrars in the [[SRS]] Testbed Program.<ref>[http://www.icann.org/en/registrars/accreditation-history.htm ICANN.org ]</ref>
+
In March 1999, the [[ICANN]] [[ICANN Board|Board]] posted the Statement of Registrar Accreditation Policy to implement a program for registrar accreditation for the [[.com]], [[.net]], and [[.org]] [[TLD]]s. From March 11 to April 8, 1999, [[ICANN]] accepted applications from entities seeking accreditation to participate as one of the five domain name registrars in the [[SRS]] Testbed Program.<ref>[http://www.icann.org/en/registrars/accreditation-history.htm ICANN.org ]</ref>
  
On April 21, 1999, [[ICANN]] announced Register.com was one of the first five testbed registrars for the competitive Shared Registry System. On June 7, the company began operations under this name as a paid registrar in the .com, .net and .org domains along with [[AOL]], [[CORE]], [[France Telecom]]/[[Oléane]] and [[MelbourneIT]]. Register.com is the first registrar to come online as of June 7th. <ref>[http://www.wallonie-isoc.org/Internet_Documents-en-francais/Hobbes_Internet-Timeline_trad.htm Robert H'obbes' Internet Timeline ]</ref>
+
On April 21, 1999, [[ICANN]] announced Register.com was one of the first five testbed registrars for the competitive [[SRS|Shared Registry System]]. On June 7th, the company began operations under this name as a paid registrar in the [[.com]], [[.net]], and [[.org]] domains, along with [[AOL]], [[CORE]], [[France Telecom]]/[[Oléane]] and [[MelbourneIT]].<ref>[http://www.wallonie-isoc.org/Internet_Documents-en-francais/Hobbes_Internet-Timeline_trad.htm Robert H'obbes' Internet Timeline ]</ref>
  
 
==Vector's acquisition of Register.com==
 
==Vector's acquisition of Register.com==
Register.com launched very successful [[IPO]] in 2000 and was one of the pionneer companies in internet business for 4-5 years. However, during 2005 as demand for domain names slowed, Register.com’s revenues and market value fell significantly and the company began to face different challenges. <ref>[http://www.vectorcapital.com/portfolio/casestudy/4 Vector Capital Case Studies]</ref>The company developed a strategy to focus on small business and providing online services to serve that segment of the market but still kept underperforming in terms of revenues and on the stock market.<ref>[http://www.redherring.com/Home/13093 Red Herring]</ref>
+
Register.com launched a very successful IPO in 2000, and was one of the pioneer companies in the internet business for 4 to 5 years. In 2005, however, as the demand for domain names slowed, Register.com’s revenue and market value fell significantly and the company began to face different challenges.<ref>[http://www.vectorcapital.com/portfolio/casestudy/4 Vector Capital Case Studies]</ref> The company developed a strategy to focus on small businesses and providing online services to serve that segment of the market, but still continued to underperform in terms of revenue and in the stock market.<ref>[http://www.redherring.com/Home/13093 Red Herring]</ref>
  
On August 9, 2005, Register.com announced that they signed a merger agreement for an acquisition by Vector Capital Corporation, a San Francisco-based private equity firm. <ref>[http://www.theinquirer.net/inquirer/news/1022837/registercom-bought-out-by-vector-capital The Inquirer]</ref>Public share holders of Register.com receive cashed consideration of $7.81 per share in the merger. Following the merger, Register.com was once again privately held and was no longer listed on The Nasdaq National Market.<ref>[http://www.highbeam.com/doc/1G1-138062292.html highbeam Research]</ref>
+
On August 9th, 2005, Register.com announced a merger agreement with [[Vector Capital Corporation]], a San Francisco-based private equity firm.<ref>[http://www.theinquirer.net/inquirer/news/1022837/registercom-bought-out-by-vector-capital The Inquirer]</ref> Public shareholders of Register.com received cash consideration of $7.81 per share in the merger. Following the merger, Register.com was once again privately held and was no longer listed on the NASDAQ National Market.<ref>[http://www.highbeam.com/doc/1G1-138062292.html highbeam Research]</ref>
  
 
==DDoS Attacks==
 
==DDoS Attacks==
On January 6, 2001, Register.com had a severe Distributed Denial of Service ([[DDoS]]) attack that lasted for an entire week. It was the first major attack using [[DNS]] servers as reflectors.<ref>[http://www.secure64.com/news-register-reflective-ddos-dns Secure 64]</ref>
+
On January 6th, 2001, Register.com had a severe Distributed Denial of Service ([[DDoS]]) attack that lasted for an entire week. It was the first major attack using [[DNS]] servers as reflectors.<ref>[http://www.secure64.com/news-register-reflective-ddos-dns Secure 64]</ref>
  
On April 1, 2009, Register.com suffered another major DDoS attack, disruptingthousands of web sites. <ref>[http://voices.washingtonpost.com/securityfix/2009/04/web_sites_disrupted_by_attack.html The Washington Post]</ref>FBI and The Department of Homeland Security were engaged to help register.com to solve the issue.<ref>[http://www.informationweek.com/blog/main/archives/2009/04/regitsercom_suf.html;jsessionid=HIULXEGJM5SXDQE1GHPSKH4ATMY32JVN Information week's Security Web Blog]</ref> Services experienced different kind of problems for almost three days and the system was restored through counter-measures and minimized the disruption.<ref>[http://www.network-box.com/aboutus/news/registercom-affected-massive-ddos Network Box]</ref> Their CEO, Larry Kutscher, explains "For the past three days Register.com has been experiencing intermittent service disruptions as a result of a distributed denial of service (DDoS) attack – an intentionally malicious flooding of our systems from various points across the internet. We know the disruption of business this has caused our customers is unacceptable, and we are working round the clock to combat it."
+
On April 1st, 2009, Register.com suffered another major [[DDoS]] attack, disrupting thousands of web sites.<ref>[http://voices.washingtonpost.com/securityfix/2009/04/web_sites_disrupted_by_attack.html The Washington Post]</ref> The FBI and the Department of Homeland Security were engaged to help Register.com solve the issue.<ref>[http://www.informationweek.com/blog/main/archives/2009/04/regitsercom_suf.html;jsessionid=HIULXEGJM5SXDQE1GHPSKH4ATMY32JVN Information week's Security Web Blog]</ref> Servers experienced different kinds of problems for almost three days and the system was restored through counter-measures which minimized the disruption.<ref>[http://www.network-box.com/aboutus/news/registercom-affected-massive-ddos Network Box]</ref>
  
 
==Web.com's acquisition of Register.com==
 
==Web.com's acquisition of Register.com==
On June 17, 2010, Vector Capital announced an agreement under which [[Web.com]] will acquired [[Register.com]] for about $135 million. <ref>[http://www.webhostingtalk.com/news/web-com-acquires-register-com/ Web Hosting Talk]</ref>
+
On June 17, 2010, [[Vector Capital]] announced an agreement under which [[Web.com]] acquired Register.com for approximately $135 million. <ref>[http://www.webhostingtalk.com/news/web-com-acquires-register-com/ Web Hosting Talk]</ref>
  
Larry Kutscher, CEO of Register.com, said: "Since 2005, Vector has been a dedicated, hands-on partner working with our team to grow our business, maximize our operating efficiency and helping us become a preferred provider to small business customers. This announcement is the next step in the process of positive growth that we have achieved with Vector.  Register.com's acquisition by Web.com will create an industry leader with the scale and breadth to further support small business customers in maximizing their presence on the web." <ref>[http://www.prnewswire.com/news-releases/registercom-to-be-acquired-by-webcom-96792124.html PR Newswire]</ref>
+
Larry Kutscher, CEO of Register.com, said, "Since 2005, Vector has been a dedicated, hands-on partner working with our team to grow our business, maximize our operating efficiency and helping us become a preferred provider to small business customers. This announcement is the next step in the process of positive growth that we have achieved with Vector.  Register.com's acquisition by [[Web.com]] will create an industry leader with the scale and breadth to further support small business customers in maximizing their presence on the web." <ref>[http://www.prnewswire.com/news-releases/registercom-to-be-acquired-by-webcom-96792124.html PR Newswire]</ref>
  
In his statement, Web.com president and chief executive officer [[David Brown]] said"We are very excited to announce our agreement to acquire Register.com, which will bring highly complementary products, sales channels and operating capabilities to Web.com,” <ref>[http://www.thewhir.com/web-hosting-news/061710_Webcom_to_Acquire_Registercom_for_135M Web Host Industry Review]</ref>
+
In his statement, [[Web.com]]'s President and CEO [[David Brown]] said, "We are very excited to announce our agreement to acquire Register.com, which will bring highly complementary products, sales channels and operating capabilities to [[Web.com]].” <ref>[http://www.thewhir.com/web-hosting-news/061710_Webcom_to_Acquire_Registercom_for_135M Web Host Industry Review]</ref>
 +
 
 +
==Awards==
 +
Register.com has received awards and recognitions for their role as a pioneer business entity in internet and web-based business. They received "An Outstanding Customer Service Experience"
 +
from J.D. Power and Associates for 2005, 2006, 2007, 2008, and 2009, "Shared Hosting Provider"
 +
from The Web Host Directory for 2008 and 2009, "Editors Choice Award" from HostingFindMyHost.com for 2009,<ref>[http://www.register.com/about/awards.rcmx Register.com ]</ref> the "#1 Shared Hosting Provider" award for The Web Host Directory for 2005 and 2006, the "Users Choice Award" for [[Name Intelligence]] in 2005, and "Stevie Award Finalist" with the American Business Awards for 2005. They were rated number 1 in Top 10 Best Rated Website Hosting Reviews by Website-Hosting-Reviews.net. <ref>[http://www.website-hosting-reviews.net/ Website-Hosting-Reviews.net]</ref>
  
 
==References==
 
==References==
 
{{reflist}}
 
{{reflist}}
 
  
 
== External links==
 
== External links==
Line 80: Line 88:
 
* [http://www.vectorcapital.com/ Vector Capital]
 
* [http://www.vectorcapital.com/ Vector Capital]
  
[[Category: Companies]]
 
 
[[Category: Registrars]]
 
[[Category: Registrars]]
[[Category: Past Sponsor]]
+
[[Category: Past Supporters]]

Revision as of 15:42, 17 March 2021

RegisterLogo.jpg
Type: Private
Industry: Registrar
Founded: USA, 1999
Founder(s): Richard Forman
Peter Forman
Ownership: Acquired by Web.com in July 2010
Headquarters: 575 8th Ave., 11th FL
New York,
NY 10018-3011
Country: USA
Employees: 489 (2008)
Revenue: $51.70 M (2008)
Website: Register.com
Twitter: TwitterIcon.png@Register_com
Key People
David L. Brown, President

Gary S. Michel , EVP and CFO
Myles Trachtenberg, SVP and CIO

Register.com is a web hosting and internet domain register company based in New York, USA.

The company sells registration for general extensions like .com, .net, .org, .co, .biz, as well as ccTLDs such as: .uk, .us, .jp, and .ca. The company serves a range of customers, from individuals and small businesses to large corporations, and has more than 2.5 million domain names under its management.[1]

The company also offers email packaging, website hosting, website developing, security solutions, and internet marketing services. The headquarters of Register.com is located in New York City, with branches located in Baltimore and Halifix, United States, London, England, and Nova Scotia, Canada.

History

  • The company was founded in 1994 as an ISP under the name Forman Interactive by brothers Richard Forman and Peter Forman. The company changed its name to Register.com in 1999.
  • In 2000, Register.com issued an IPO and began trading on the NASDAQ, under the ticker symbol RCOM, pricing its share at $24.[3]
  • In 2004, the company was listed by Verisign as one of the top domain name registrars in the world.
  • In 2006, Register.com was sold to the San Francisco-based private equity firm Vector Capital Corporation for approximately $200 million.[5] David Moore was appointed as interim CEO of the company by Vector Capital after the acquisition.[6]. During his time, the company focused on cost reduction through better business practices.
  • On November 1st, 2006, Register.com announced the appointment of Larry Kutscher as CEO of the company.[7]. Under Kutscher, Register.com continued the strategy of supporting small business owners and entrepreneurs.[8]
  • Kutscher served as CEO of Register.com until July 2010,[9] when Register.com was acquired by Web.com for approximately $135 million.[10]

Products and Services

According to their official website, the products and services Register.com provides are:

  • Domain Registration - registrations for general extension, such as: .com, .net, .org , .co , .biz and also country based extensions, such as: .uk, .us, .jp, .ca
  • Email Packages - Different packages for single users, multi-users, professionals and business entities.
  • Website Development - Website design and development for standard websites, e-commerce websites, and custom websites.
  • Security Solutions - Different kinds of security solutions, such as standard SSL, premium SSL, wildcard SSL, etc.
  • Promotional Services - For example, online marketing, email promotion, visitor clicks, etc.

ICANN Registrar Accreditation

In March 1999, the ICANN Board posted the Statement of Registrar Accreditation Policy to implement a program for registrar accreditation for the .com, .net, and .org TLDs. From March 11 to April 8, 1999, ICANN accepted applications from entities seeking accreditation to participate as one of the five domain name registrars in the SRS Testbed Program.[11]

On April 21, 1999, ICANN announced Register.com was one of the first five testbed registrars for the competitive Shared Registry System. On June 7th, the company began operations under this name as a paid registrar in the .com, .net, and .org domains, along with AOL, CORE, France Telecom/Oléane and MelbourneIT.[12]

Vector's acquisition of Register.com

Register.com launched a very successful IPO in 2000, and was one of the pioneer companies in the internet business for 4 to 5 years. In 2005, however, as the demand for domain names slowed, Register.com’s revenue and market value fell significantly and the company began to face different challenges.[13] The company developed a strategy to focus on small businesses and providing online services to serve that segment of the market, but still continued to underperform in terms of revenue and in the stock market.[14]

On August 9th, 2005, Register.com announced a merger agreement with Vector Capital Corporation, a San Francisco-based private equity firm.[15] Public shareholders of Register.com received cash consideration of $7.81 per share in the merger. Following the merger, Register.com was once again privately held and was no longer listed on the NASDAQ National Market.[16]

DDoS Attacks

On January 6th, 2001, Register.com had a severe Distributed Denial of Service (DDoS) attack that lasted for an entire week. It was the first major attack using DNS servers as reflectors.[17]

On April 1st, 2009, Register.com suffered another major DDoS attack, disrupting thousands of web sites.[18] The FBI and the Department of Homeland Security were engaged to help Register.com solve the issue.[19] Servers experienced different kinds of problems for almost three days and the system was restored through counter-measures which minimized the disruption.[20]

Web.com's acquisition of Register.com

On June 17, 2010, Vector Capital announced an agreement under which Web.com acquired Register.com for approximately $135 million. [21]

Larry Kutscher, CEO of Register.com, said, "Since 2005, Vector has been a dedicated, hands-on partner working with our team to grow our business, maximize our operating efficiency and helping us become a preferred provider to small business customers. This announcement is the next step in the process of positive growth that we have achieved with Vector. Register.com's acquisition by Web.com will create an industry leader with the scale and breadth to further support small business customers in maximizing their presence on the web." [22]

In his statement, Web.com's President and CEO David Brown said, "We are very excited to announce our agreement to acquire Register.com, which will bring highly complementary products, sales channels and operating capabilities to Web.com.” [23]

Awards

Register.com has received awards and recognitions for their role as a pioneer business entity in internet and web-based business. They received "An Outstanding Customer Service Experience" from J.D. Power and Associates for 2005, 2006, 2007, 2008, and 2009, "Shared Hosting Provider" from The Web Host Directory for 2008 and 2009, "Editors Choice Award" from HostingFindMyHost.com for 2009,[24] the "#1 Shared Hosting Provider" award for The Web Host Directory for 2005 and 2006, the "Users Choice Award" for Name Intelligence in 2005, and "Stevie Award Finalist" with the American Business Awards for 2005. They were rated number 1 in Top 10 Best Rated Website Hosting Reviews by Website-Hosting-Reviews.net. [25]

References

External links