Waltham, MA -- 11/28/2006 - NameMedia, the industry leader in Direct Search and Premium Domain Name Sales, today announced that it has acquired Afternic, Inc., the industry's pioneer marketplace for the resale of domain names. Afternic will join with BuyDomains, NameMedia's existing domain name marketplace, in creating the leading platform for the domain aftermarket...."The Afternic acquisition advances our leadership position in creating an efficient marketplace for small and medium businesses to acquire domain names and insure a compelling digital identity," said Pete Lamson, the Senior Vice President for NameMedia's marketplace business....
Lamson said that NameMedia intends to maintain both the Afternic and BuyDomains brands and trading platforms.
Full Press Release [namemedia.com]
[edited by: tedster at 3:43 am (utc) on Dec. 1, 2006]
[edit reason] fair use and quote attribution [/edit]
Wonder how much the sale had to do with Afternic's decision to delete adult domain names.
I'd bet it was a condition of sale. Get rid of the adult domain names, or the deal won't go through.
