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Snapnames is Sold

May 31st, 2007 by Jay Westerdal

Oversee SnapnamesYou heard it here first. The Industry leader in Auctions has been bought by Oversee.net. You may know Oversee.net better as DomainSponsor.com. DomainSponsor is a leader in Domain Monetization. We are not sure if OregonNames was sold as well but it would seem likely.

Snapnames has been for sale for a long time and but it came down to two bidders. Oversee turned out to be the biggest bidder.

Snapnames said nothing would change after the sale, it is business as usual and operations would continue as normal.

More details on this break news as it happens.

Update: Frank Schilling covered this just after us. He is reporting the sale is 25 Million. We are hearing it is much higher. Possible around 35 Million.

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Posted in DomainSponsor & Oversee.net, Snapnames |

Comments

  1. play Says:
    May 31st, 2007 at 3:36 pm

    Great News, well connected & informed news.

    Pricing?

  2. cor154 Says:
    May 31st, 2007 at 3:44 pm

    1.5 mil.

  3. cor154 Says:
    May 31st, 2007 at 3:52 pm

    dirt cheap

  4. Jay Westerdal Says:
    May 31st, 2007 at 4:01 pm

    Frank said 25 Million, but it is much more.

  5. mamifan Says:
    June 1st, 2007 at 12:05 am

    oo yes :S

  6. Klausi Says:
    June 1st, 2007 at 6:24 am

    Great news !!

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