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The Oversee press
release said "Oversee acquired domain name
auction leader SnapNames® last June, and
the
company believes
the
addition of Moniker will give Oversee a complete
array of services to cement its leadership
position in
the
domain name secondary market. Oversee will
leverage
the
two divisions’ capabilities by adding
Moniker’s live auction and back-office
services to SnapNames Live™ to offer
the
industry’s most comprehensive live and silent
auction services. The first demonstration of
the
integration will be at DOMAINFest
Global later this month, where
SnapNames Live will lead and conduct
the
auction, with Moniker providing valuation and
escrow services. More integrated services
are planned, including:
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Deepening
Moniker’s continuing commitment to its
auction partners through
the
use of
the
SnapNames Live technology in Moniker-managed
auctions
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The addition of
DomainSponsor
as an available option in Moniker’s
TrafficClub monetization service
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Availability of
Moniker’s registrar services for SnapNames
and
DomainSponsor
customers
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Inclusion of
traffic and monetization history as data for
domain name auctions
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A complete set of
Domain Asset Management services that offer
domain owners all
the
tools necessary to profitably manage
the
ir domains.
Commenting on
the
transaction, Moniker CEO Cahn said, “Oversee’s
advanced technology platform and strong financial
resources give us
the
capability to focus on fur
the
r expanding our market opportunity.”
Lawrence Ng
, CEO and Co-Founder of Oversee.net said “We
are delighted that Monte Cahn and his team of
experienced professionals are becoming part of
the
Oversee family. Our primary objective, as a
company, is to continue adding and developing
capabilities that offer customers a greater
breadth of products and services.”
Our
view is that the Oversee/Moniker combination makes
perfect sense and will create an extremely
powerful domain conglomerate. The domain industry
has been consolidating for the past couple of
years now but this marriage truly stands out as a
watershed event. |
Moniker.com
CEO Monte Cahn
Oversee.net
CEO Lawrence Ng |
