Gigalayer, a Nigerian web hosting and internet services provider, has completed the acquisition of Registeram, one of the country’s earliest domain name registrars, in a deal that underscores the growing consolidation within Nigeria’s digital infrastructure sector.
The transaction, finalized for an undisclosed amount, was described by Gigalayer’s leadership as a strategic effort to consolidate infrastructure assets and secure long-standing customer relationships.
Founded in 2008 and licensed by the Nigeria Internet Registration Association, Registeram has played a foundational role in Nigeria’s domain registration ecosystem. Over the past 15 years, the company built a reputation as a reliable registrar for businesses across sectors, serving established brands including Domino’s Pizza Nigeria.
Leveraging Accreditation and Loyalty
In an interview with Techpoint Africa, Gigalayer CEO Ahmad Mukoshy said the all-cash acquisition was driven largely by Registeram’s accreditation status and deeply rooted client base.
“All the customers we’re taking over are customers that have been there for decades. 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,” Mukoshy said.
According to him, roughly 80 percent of Registeram’s customers have maintained their relationship with the registrar for more than ten years. That level of retention signals not only operational stability but also trust, a critical currency in domain management and hosting services.
The technology migration process is already underway, with infrastructure consolidation expected to conclude in the coming weeks. Registeram’s CEO has exited the business following the completion of the transaction.
A Pattern of Strategic Acquisitions
This marks Gigalayer’s seventh acquisition. The company previously acquired Russian hosting firm HUB8 in 2019, along with LagosHost and Trudigits in subsequent deals. Mukoshy emphasized that while organic growth remains central to the company’s strategy, acquisitions provide faster market expansion.
“It’s okay to still grow organically, but it’s faster to do acquisitions,” he noted, adding that discussions for additional acquisitions are ongoing.
Notably, Gigalayer has remained bootstrapped since inception. Unlike many technology firms that pursue aggressive venture capital funding rounds, the company has relied on reinvested profits and internal capital to fund its growth. That disciplined approach has allowed it to expand steadily while maintaining control over its strategic direction.
Expanding Infrastructure Footprint
Beyond domain registration and shared hosting, Gigalayer operates cloud hosting services and two data centres within Nigeria. Demand for domestic data hosting continues to rise, particularly among fintech startups and microfinance banks that require local infrastructure for regulatory compliance and performance optimization.
The broader data centre market has attracted substantial investment from telecom operators such as Airtel Nigeria and MTN Nigeria, both of which have committed significant capital to expanding their infrastructure capabilities.
Mukoshy remains confident despite intensifying competition.
“The demand for data centres will continue growing beyond what the existing players can handle,” he said, describing increased investment in the sector as validation of long-term market potential rather than a threat.
What This Means for Nigeria’s Digital Ecosystem
The acquisition signals continued consolidation in Nigeria’s hosting and domain registration space, as providers seek scale, accreditation advantages, and durable customer relationships. For businesses, especially legacy firms that depend on stable domain management, the integration promises continuity backed by expanded infrastructure resources.
As Nigeria’s digital economy deepens and demand for reliable hosting and data services accelerates, strategic acquisitions like this are likely to become more common. For Gigalayer, the Registeram deal strengthens its position as a locally funded infrastructure player competing in a market increasingly shaped by both global cloud providers and capital-intensive telecom giants.
