ASX-listed tech company Melbourne IT will change its name to Arq Group to underline the shift away from its historical domain name registration and hosting business.

Only four years ago 100 per cent of Melbourne IT's revenue was generated by hosting and its legacy services, but since then the company has gone on an acquisition spree and remade itself as a digital services company. It now has a 50/50 split between large enterprise clients and small and medium-sized businesses, specialising in creating customer-facing digital products.