NameMedia and Oversee.net joined forces today in the form of an acquisition and sales partnership. Oversee.net will start using Namemedia’s AfternicDLS, which is a sales distribution network consisting of Afternic, BuyDomains and 40 other distribution partners. More than 35 million searches are made on the AfternicDLS each month, thereby expanding Oversee.com’s exposure for domain name sales. Namemedia it seems will start using Oversee’s Snapnames auction system. This deal seems to work well for both parties. Could there even more things happening between these 2 Domain companies? i guess only the future will tell.
Here’s the full Press Release:
NameMedia and Oversee.net Expand Domain Name Sales, Acquisition Partnership
Oversee to Join NameMedia’s Domain Listing Service for Reselling its Large Inventory
LOS ANGELES & WALTHAM, Mass.–(BUSINESS WIRE)–NameMedia and Oversee.net said today that Oversee would join NameMedia’s Domain Listing Service at AfternicDLS.com to open a new sales channel for its large domain name portfolio.
“NameMedia’s domain name portfolio of nearly one million names has been built over the last ten years by our acquisition team identifying the best sources of domain name inventory”
“This alliance expands our companies’ long-term relationship,” said Oversee President and CEO Jeff Kupietzky. “NameMedia has built the industry’s largest global reseller network for domain names, particularly for retail buyers and small and medium businesses. DLS will help Oversee tap into this retail channel and expose its inventory to millions of customers looking for a premium domain name.”
AfternicDLS is the leader in reaching retail buyers of premium domain names through its websites at Afternic.com, BuyDomains.com and a network of over 40 distribution partners, including many of the world’s largest registrars.
“Oversee’s portfolio is one of the largest in the world and will significantly enhance the size of the inventory offered to NameMedia’s reseller network,” said Kelly Conlin, Chairman and CEO of NameMedia. “More than 35 million times each month, consumers looking for domain names access our available inventory, so adding Oversee’s domains improves the chance of a good match—and the velocity of sales in our network”
Conlin also underlined the value of its participation on Oversee’s SnapNames platform. “NameMedia’s domain name portfolio of nearly one million names has been built over the last ten years by our acquisition team identifying the best sources of domain name inventory,” he said. “SnapNames continues to be one of the most productive sources of domain names for our buyers, and we look forward to continuing to find outstanding domain names every day through the SnapNames auction platform.”
About NameMedia
NameMedia is a leader in the acquisition; development and trading of digital real estate through a network of highly targeted websites and a marketplace for premium domain names. The company’s website development focuses on creating compelling online communities in niche categories. The company’s marketplace allows owners of premium domain names to list their domain properties for sale, and for domain buyers to review the largest available inventory. Through its ownership of one of the largest domain portfolios in the world, its innovative website development platform, and its broad distribution, NameMedia now serves more than 50 million visitors to its network of websites and sells domains to customers in more than 100 countries.
Headquartered outside Boston in Waltham, Massachusetts, more information is available at www.namemedia.com.
About Oversee.net
Oversee.net® is the Leader in Internet Real Estate™, specializing in monetizing, registering, selling and developing domain names. The company’s unique optimized technology connects consumers and advertisers with highly relevant advertisements. The company provides an array of managed services to domain investors, corporations and individuals across more than ten million web sites. Oversee owns one of the largest portfolios of domain names in the world.
Headquartered in Los Angeles, the company’s core brands include DomainSponsor®, SnapNames®, Moniker®, and LowFares.com™.