Neustar, Inc. (NYSE:NSR), a trusted, neutral provider of real-time
information services, today announced it has acquired Bombora
Technologies Pty Ltd (Bombora), based in Australia, for AUD $118.5
million, or approximately USD $86.9 million. Bombora and its
subsidiaries, which include ARI Registry Services, provide registry
services for a number of top-level domains (TLDs) including .au,
.melbourne, .sydney, and over 100 new TLDs, including several in the
Fortune 500.
This acquisition expands Neustar’s registry services, which operates the
.biz, .us, and .co TLDs, in addition to over 300 new TLDs.
“With this acquisition, Neustar continues to gather momentum as a global
leader in launching and operating TLDs.” said Lisa Hook, President and
CEO of Neustar. “Managing a brand’s digital presence through the
creation of new TLDs has become a key component of the CMO’s tool kit,
which aligns with the services we offer in real-time authoritative
identity. By combining Bombora’s strong team and market presence in
Australia with Neustar’s industry leading organization and technical
resources, we are positioned to expand our footprint to the Asia-Pacific
region.”
This acquisition is expected to contribute AUD $10 million, or
approximately USD $8 million, of revenue and AUD $1.5 million, or
approximately USD $1.1 million, of operating income in 2015, which
reflects the adjustment for deferred revenue on a fair value basis in
accordance with business combination accounting principles. Over the
last two years, Bombora has grown revenue at a compounded annual growth
rate of 12% to AUD $28.2 million, or approximately USD $20.6 million, in
2014 with operating margins between 25% and 30%.
About Neustar, Inc.
Neustar, Inc. (NYSE: NSR) is the first real-time provider of cloud-based
information services, enabling marketing and IT security professionals
to promote and protect their businesses. With a commitment to privacy
and neutrality, Neustar operates complex data registries and uses its
expertise to deliver actionable, data-driven insights that help clients
make high-value business decisions in real time, one customer
interaction at a time. More information is available at www.neustar.biz.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
Statements in this press release regarding Neustar, Inc.’s acquisition
of Bombora Technologies Pty Ltd including, without limitation, benefits
of the transaction and any other statements regarding future
expectations, beliefs, goals or business prospects constitute
forward-looking statements made pursuant to the safe harbor provision of
the Private Securities Litigation Reform Act of 1995. The company cannot
assure you that its expectations will be achieved or that any deviations
will not be material. Forward-looking statements are subject to many
assumptions, risks and uncertainties that may cause future results to
differ materially from those anticipated. Among the important factors
that could cause future events or results to vary from those addressed
in the forward-looking statements include without limitation, the
ability to realize the benefits of the transaction at the expected times
or at all; risks and uncertainties related to doing business in
Australia; and the ability of the acquired business to retain existing
business relationships and key employees. More information about
potential factors that could affect the company’s business and financial
results is included in its filings with the Securities and Exchange
Commission, including, without limitation, its Annual Report on Form
10-K for the year ended December 31, 2014 and subsequent periodic
reports. All forward-looking statements are based on information
available to the company on the date of this press release, and the
company undertakes no obligation to update any of the forward-looking
statements after the date of this press release.
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