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The Lowdown
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May 6, 2008 Post
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Here's the The Lowdown
from DNJournal.com! Updated daily to
fill you in on the latest buzz going around the domain name
industry!
Compiled
by Ron Jackson (Editor/Publisher)
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As
our Sunday night bulletin told you to expect,
Thought
Convergence officially announced the
acquisition of Name
Intelligence, Inc. this morning. Thought
Convergence, a privately held company based in Los
Angeles, thus combines its popular domain industry
services and |
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technologies,
including TrafficZ,
LeaseThis.com
and Idea.Net, with Name Intelligence staples DomainTools.com
and the Domain
Roundtable conference. Thought Convergence
officials said the acquisition paves the way for them to
realize their vision of a unified Domain Ecosystem.
“We are
proud to welcome Jay Westerdal, Ray Bero
and the entire Name Intelligence team into the Thought
Convergence family,” said Kevin Vo, Thought
Convergence Founder and Chief Executive Officer.
“The addition of Name Intelligence further strengthens
our industry-leading technology platform and lays the
groundwork for the continuing expansion of our
comprehensive suite of tools and services for domain
professionals.”
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Thought
Convergence Director and Chief Operating
Officer, Ammar Kubba, added “Name
Intelligence shares our passion and drive to
create technology-driven solutions and
innovation |
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Thought
Convergence Founder & CEO Kevin Vo
(left)
with the company's COO Ammar Kubba. |
within the domain
industry. By combining our award-winning
monetization and development platform, deep
industry relationships and extensive resources
with Name Intelligence’s unparalleled
research, analysis and data aggregation tools,
we are putting into place a robust and scalable
framework for the creation of a symbiotic Domain
Ecosystem.”
(Vo and Kubba were profiled in our October
2007 Cover
Story).
In commenting on
the close of the transaction, Jay Westerdal,
Co-Founder and CEO of Name |
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Intelligence, said, “We are incredibly excited
to join forces with Thought Convergence and to
leverage our core competencies and proprietary
technology in order to create the next
generation of DomainTools, our auction and
marketplace platform, intellectual property
protection services and semantic suggestion
technology.”
Name
Intelligence operations will remain in Seattle,
Washington, and will continue to be led by
Westerdal and Bero. In addition to their
responsibilities at Name Intelligence, both
Westerdal and Bero will collaborate with senior
management at Thought Convergence to develop and
execute on the Company’s long-term strategy.
(Posted
May
6,
2008) |
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