Wednesday, February 8, 2012

Oversee.net Sells Moniker, SnapNames

Los Angeles-based Oversee.net, the domain name and Internet marketing firm, has sold off its Moniker and SnapNames units, to KeyDrive S.A.. Financial terms of the sale were not disclosed. Moniker and SnapNames handle live domain auctions. According to Oversee, the sale helps it to focus on its core monetization and vertical markets division. KeyDrive S.A. is a provider of domain registration, monetization, and aftermarket services based in Luxembourg. Oversee.net had acquired Moniker in January of 2008, and SnapNames in June of 2007.

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