Fergie's Tech Blog

VeriSign/ICANN Deal Worth Over $3 Billion?

Sean Michael Kerner writes on internetnews.com:

Opponents of the proposed revised deal between ICANN and VeriSign for control of the .com domain space have now put a price tag on the deal. And it isn't pretty.

According to BulkRegister, VeriSign stands to make over $3 billion dollars by 2012 under the terms of the new deal, if approved. The deal has also raised concerns in Congress on potential antitrust grounds and one registrar is encouraging all internet users to write their member of Congress. Against this backdrop, ICANN is scheduled to meet today in a special board meeting to discuss the deal.

posted by Fergie @ 3/01/2006 08:57:00 AM