Oversee.net Acquires SnapNames.com

As the year progresses the number of mergers and acquistions in the domain industry is increasing at an impressive rate.
Hot on the heels of GoDaddy’s acquisition (saving?) of RegisterFly another media company acquires a domain company.

Is anyone beginning to see a pattern emerging?

Oversee.net has acquired SnapNames according to a post on Jay Westerdal’s blog.

SnapNames describes itself as:

the first commercially available technology for “back-ordering” a currently registered domain name. This pioneering service helped customers gain access to domain names that were thought to be forever out of reach. In reality, most domain names cycle back into the market at some point in time, though without specialized help, most people are unable to find or buy them.

It’s an interesting acquisition for Oversee.net which already owns DomainSponsor as well as a very interesting portfolio of domains.

Are they going to start competing in the aftermarket or is this going to be run as a completely separate entity from the “mother ship”?

Most acquisitions do not have an immediate effect, so it will probably be a couple of months before we notice any changes (if there are to be any).

By Michele Neylon

Michele is founder and managing director of Irish domain registrar and hosting company Blacknight. Michele has been deeply involved in domain and internet policy discussions for more than a decade. He also co-hosts the Technology.ie podcast.

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