Gigalayer, a Nigerian web hosting and internet services provider, has completed the acquisition of Registeram, one of the earliest domain name registrars in the country. The transaction was completed for an undisclosed sum, with Gigalayer’s leadership describing the deal as a move to consolidate infrastructure and long-term client relationships.
Founded in 2008 and licensed by the Nigeria Internet Registration Association (NiRA), Registeram has played a foundational role in Nigeria’s domain registration landscape. Over the past decade and a half, the company established itself as a trusted registrar for businesses across industries, including legacy brands such as Domino’s Pizza Nigeria.
In an interview with Techpoint Africa, Ahmad Mukoshy, CEO of Gigalayer, explained that the all‑cash acquisition was driven by Gigalayer’s desire to leverage Registeram’s accreditation status and loyal customer base.
“All the customers we’re taking over are customers that have been there for decades,” Mukoshy said. “The chances of continuity are very high. They’re reliable companies, and even those of them that were small when they started have grown and become big companies.”
According to Mukoshy, as much as 80% of Registeram’s existing clients have been with the company for over ten years.
The technology migration process is already underway, with infrastructure consolidation expected to be completed in the coming weeks. Registeram’s CEO has already exited the business following the acquisition.
Gigalayer has a history of acquisitions. This is its seventh, following previous deals including the 2019 acquisition of Russian web hosting firm HUB8 and the acquisitions of LagosHost and Trudigits. Mukoshy noted that while organic growth remains important, acquisitions accelerate market penetration.
“It’s okay to still grow organically, but it’s faster to do acquisitions,” he said, noting that the company is in talks for more acquisitions.
Importantly, Gigalayer has been bootstrapped throughout its history, relying on internal resources and reinvested profits rather than external venture capital. That self‑funded trajectory sets it apart in an era where many tech companies prioritise rapid capital raises and aggressive scaling.
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Beyond domain registration and basic hosting, Gigalayer also provides cloud hosting services and operates two data centres in Nigeria. These facilities are increasingly in demand, with several fintech companies and microfinance banks now using them.
Mukoshy acknowledges the competitive pressure from multi‑million‑dollar investments by telecom giants such as Airtel and MTN in Nigeria’s data centre market. Yet he remains unfazed.
“The demand for data centres will continue growing beyond what the existing players can handle,” he said, welcoming additional competition as validation of the market’s potential.
