In a digital world news travels fast.
SnapNames CEO, Sudhir Bhagwan, has already sent out an email to all their clients to notify them of the acquisition and to assure them that it is “business as usual”:
It’s important that you understand there will be no changes to the way SnapNames provides its services. This is a combination of two industry leaders with outstanding reputations for serving domain name investors and customers at all levels.
We were attracted to Oversee for many reasons, including the opportunity to offer SnapNames customers a greater breadth of service offerings. Together, the two companies can provide services that support our customers’ needs throughout the entire life cycle of a domain name, including procurement, monetization and sales.
He goes onto mention that the transaction will probably be completed in mid-June and that more information will be available on their site.
If you go to the SnapNames’ site you can view a FAQ about the merger / acquisition which covers some of the questions that people might be asking…