Internet Society announced that investment firm Ethos Capital is set to acquire its portfolio company Public Interest Registry (PIR) and all of its assets for an undisclosed amount. The transaction is expected to close during the first quarter of 2020.

Established by the Internet Society in 2002, Reston, Virginia-based PIR is the nonprofit that manages the .org domain used by more than 10 million organizations. Andrew Sullivan, president and CEO of the Internet Society, shared in a press release that this deal provides the Internet Society with “an endowment of sustainable funding and the resources” to advance its broader mission of making the internet more accessible.

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