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A private equity firm is buying all of the .org domains. Here's what that means
In a move that could shake up the internet, private equity firm Ethos Capital is buying the company that owns every .org domain on the web.
Ethos, which was founded in May 2019, is expected to close its deal to acquire the Public Interest Registry (PIR) during the first quarter of 2020. The sale price has not been released.
Now, nonprofits, which make up the majority of the .org domains, are panicking about the purchase, scampering to sign a petition spearheaded by the National Council of Nonprofits that calls for blocking the deal.
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In a move that could shake up the internet, private equity firm Ethos Capital is buying the company that owns every .org domain on the web.
Ethos, which was founded in May 2019, is expected to close its deal to acquire the Public Interest Registry (PIR) during the first quarter of 2020. The sale price has not been released.
Now, nonprofits, which make up the majority of the .org domains, are panicking about the purchase, scampering to sign a petition spearheaded by the National Council of Nonprofits that calls for blocking the deal.
Full story Here
Share your thoughts?