ICANN has posted a proposed draft renewal agreement for the operation of the .NET registry that allows for an increase in the “service fee” for each new .NET registration and each renewal of ten per cent each year for the life of the agreement. The proposed agreement says “the price to ICANN-accredited registrars for new and renewal domain name registrations and for transferring a domain name registration from one ICANN-accredited registrar to another, shall not exceed a total fee of US$5.40, which fee consists of (A) a Registry Operator service fee (“Service Fee”) equal to US$4.65, and (B) an ICANN fee equal to US$0.75.” The proposed renewal agreement from Verisign includes modified provisions to bring the .NET agreement into line with other comparable agreements (e.g.

Hosting News – NEW YORK and MIAMI – In a move that will decisively reshape the rapidly evolving global business technology solutions market, Verizon Communications Inc. (NYSE, NASDAQ: VZ) and Terremark Worldwide Inc.(NASDAQ: TMRK) today announced a definitive agreement under which Verizon will acquire Terremark, a global provider of managed IT infrastructure and cloudservices, for $19.00 per share in cash, or a total equity value of $1.4 billion

An image of Windstream’s coverage map throughout the United States (WEB HOST INDUSTRY REVIEW) — US telcommunications provider Windstream ( www.windstream.com ) announced on Monday it has successfully completed its private offering of $200 million of its 7.75 percent senior notes due October 15, 2020. Two weeks ago, the company announced its intent to offer $200 million of 7.75 percent senior notes due 2020. The notes were issued as additional securities under an existing Windstream agreement, according to the press release.

An image of Windstream’s coverage map throughout the United States (WEB HOST INDUSTRY REVIEW) — US telcommunications provider Windstream ( www.windstream.com ) announced on Monday it has successfully completed its private offering of $200 million of its 7.75 percent senior notes due October 15, 2020. Two weeks ago, the company announced its intent to offer $200 million of 7.75 percent senior notes due 2020. The notes were issued as additional securities under an existing Windstream agreement, according to the press release.

A screen shot of Akorri’s BalancePoint software (WEB HOST INDUSTRY REVIEW) — Cloud storage firm NetApp ( www.netapp.com ) announced on Wednesday it will acquire virtualization management software provider Akorri Networks ( www.akorri.com ).

A screen shot of Akorri’s BalancePoint software (WEB HOST INDUSTRY REVIEW) — Cloud storage firm NetApp ( www.netapp.com ) announced on Wednesday it will acquire virtualization management software provider Akorri Networks ( www.akorri.com ). The terms of the agreement were not disclosed. The announcement marks the first major acquisition for NetApp since last May when it acquired cloud storage provider Bycast .

A screen shot of BitGravity’s HD video conferencing application (WEB HOST INDUSTRY REVIEW) — Web hosting provider Tata Communications ( www.tatacommunications.com ) announced on Tuesday it will acquire content delivery network provider BitGravity ( www.bitgravity.com ). Once the acquisition is completed, BitGravity will operate as a wholly-owned subsidiary of Tata Communications.