"All NetRegistry services are delivered via our unified technology platform and billing system and supported by our Sydney-based integrated customer service and support operation."

Bloch said the company is still at an early stage of a long wave of innovation in the provision of online services.

He said this includes more acquisitions, particularly in the hosted applications market.

Although hosted software has been around a long time, it has gained special momentum in the past 12 to 18 months, thanks to infrastructure improvements, like faster Internet connections and more powerful PCs.

Hosted applications are popular, particularly among small businesses, because they don't require companies to invest in server hardware or spend time and effort installing and maintaining them.