Web Host Web.com Acquires Domain Name Aftermarket Platform

December 6, 2018
Web Host Web.com Acquires Domain Name Aftermarket Platform
Web host Web.com Group, Inc. (Web.com) has announced it has acquired NameJet, LLC (NameJet), a domain name aftermarket platform. With headquarters in Jacksonville, Florida, United States, Web.com offers a broad range of hosting-related services including WordPress hosting, website design, digital marketing and Search Engine Optimization (SEO) services, domain registration and SSL certificates. Established in 1997 it is one of the internet’s pioneering companies. NameJet was a subsidiary of Internet services company Tucows, Inc. (Tucows). Financial aspects of the deal have not been released.

NameJet, which also has headquarters in Jacksonville, Florida, United States, was established in 2007. The company is a domain name auction services provider and deals in expired and deleted domains from a number of domain name registrars including eNom, Network Solutions, and Register.com. Its extensive range of domains includes “privately owned domains provided by preferred private sellers”.

Aside from providing users with email alerts when a domain name is due to be auctioned, it also manages ‘backorder’ requests for domains that are still active and yet to expire. NameJet caters to “domain investors, Fortune 500 companies and their representatives, small- and medium-sized businesses, as well as a diverse and global mix of individual investors”. Web.com’s acquisition of NameJet is an extension of a strategy that has seen the company buy “two of the top platforms in the domain name aftermarket”, the other being SnapNames Web.com, LLC.

“This move to complete ownership aligns with our goal of nurturing our core domain business, supporting and anticipating the diverse needs of our customers, and driving new opportunities for innovation and growth,” explained the Chief Executive Officer and President of Web.com, David L. Brown. “Web.com has been a great partner and we look forward to working with and leveraging their aftermarket expertise in the future,” added Tucows’ Domains Executive Vice President, David Woroch.

Do you know of any other companies involved in acquisitions? Let us know the details. Add your comments below.

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