Internet address and security provider VeriSign said on Monday it bought exclusive worldwide registry rights for ".tv" Web addresses, paying $45 million for .tv Corp International.
VeriSign said it expects the cash deal, which closed on Dec. 31, to add less than $1 million of revenues and $7 million to $10 million of net deferred revenues to fourth-quarter results.
The .tv top-level domain was owned by the Pacific Island nation of Tuvalu.
News source: Reuters
