No Comments Written by on December 14, 2008 – 12:08 am

According to a report on Forbes.com, United Internet have agreed to buy internet domain registrar united-domains AG from Lycos Europe.

The deal will be settled in cash - the amount will be determined after united-domains posts its annual financial statements for its fiscal year but as things stand the deal is believed to be worth around 34 million euros ($45.11 million).

United-domains, founded in 2000, administers more than 1.1 million internet domain names for about 180,000 customers. The company is run by … READ MORE

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