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* 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.
 
* 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.
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* In 2004, the company was listed by [[VeriSign]] as one of the top domain name registrars in the world.
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* 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.  
 
* 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.  
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==Vector's acquisition of Register.com==
 
==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.<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>
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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 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>
 
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>
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* [http://www.vectorcapital.com/ Vector Capital]
 
* [http://www.vectorcapital.com/ Vector Capital]
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[[Category: Companies]]
   
[[Category: Registrars]]
 
[[Category: Registrars]]
[[Category: Past Sponsor]]
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[[Category:Past Sponsors]]
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