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VRSN » Topics » Domain Name Registrar Business Sale

This excerpt taken from the VRSN 10-K filed Mar 13, 2006.

Domain Name Registrar Business Sale

 

On November 25, 2003, we completed the sale of our Network Solutions domain name registrar business to Pivotal Private Equity, although we retained a 15% interest in the business. We will not recognize any revenue from the Network Solutions business in the future, other than revenues that may be recognized in connection with registry or other services we may provide to Network Solutions as a customer.

 

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