Web.com acquires SnapNames
Web.com marks the third corporate parent of SnapNames since 2007. In 2007 Oversee.net acquired the company. It then sold it to KeyDrive (along with domain name registrar Moniker) in 2012.
SnapNames ended up being a bad investment for Oversee.net. Shortly after the acquisition, Network Solutions (now part of Web.com) decided to pull its expired domain inventory from the service and partner with Demand Media on a competing service, NameJet.
