Tag Archives: SnapNames

Wanda.com Beats Off Short Domains To Top Weekly Chart

Domain Name Journal logo

Wanda.com sold for $83,817 through NameJet to top the Domain Name Journal chart of top reported domain name sales for the week ending 1 December, beating out brgroup.com ($30,000 through Sedo) and a pair of 3 letter domains – uml.com and ast.net – which surprisingly particularly in the case of the former sold for $21,400 and $20,000 through NameJet and Uniregistry respectively.

As usual .com dominated the top-level domains with 16 on the top 20 chart with one each for .net, .co, .shop and .ai. For the aftermarket outlets there were NameJet took out 8 sales, Sedo 6, Uniregistry 4 and SnapNames 2.

To check out the Domain Name Journal chart of top reported sales for the week ending 1 December in more detail, see: http://dnjournal.com/archive/domainsales/2019/20191211.htm

Quiet Week For Big Sales Sees 9J.com Top Weekly Chart

Domain Name Journal logo

There weren’t any six-figure sales for the week ending 5 May on Domain Name Journal’s chart of top reported sales, but 9j.com took out the top spot in a $60,400 sale brokered by SnapNames followed by heir.com ($55,000 through BQDN) and centric.com ($46,000 through Sedo).

On the top-level domain (TLD) side of things, there were 18 .com and one each for a .kr and a .de internationalised domain name. On the aftermarket side of things there were 8 sales through NameJet, 6 sales through Sedo, 4 sales through SnapNames and 2 through BQDN.

To check out the Domain Name Journal chart of top reported sales for the week ending 5 May, go to: http://dnjournal.com/archive/domainsales/2019/20190515.htm

NameJet Now Wholly Owned By Web.com

The Web.com Group has announced it has acquired from Tucows all remaining interest in the domain name aftermarket platform, NameJet. With this transaction, Web.com now owns two of the top platforms in the domain name aftermarket. The company also owns SnapNames Web.com, a pioneer in the domain name aftermarket space.

NameJet launched in 2007 as a joint venture between eNom, Inc., a subsidiary of Tucows, and Web.com subsidiary, Network Solutions, LLC. Like SnapNames, NameJet has exclusive partnerships with top domain name registrars across the globe and helps domain professionals, businesses and individuals acquire valuable domain names, including those that have recently expired.

“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,” said David L. Brown, Web.com’s chief executive officer and president.

“We welcome the NameJet team to the Web.com family and are excited to leverage their thought leadership and expertise as we continue to invest in the aftermarket industry,” added Michael White, aftermarket vice president for Web.com.

“Web.com has been a great partner and we look forward to working with and leveraging their aftermarket expertise in the future,” said David Woroch, domains executive vice president for Tucows.

Private Equity Firm Siris Capital Buys Web.com

One of the largest domain name registrars, as well as a provider of a full range of internet services and online marketing solutions for small and medium‐sized businesses, Web.com, has agreed to be taken over the by private equity group Siris Capital Group in an all cash deal that values Web.com at around $2 billion.

Siris Capital Group, LLC is a private equity firm specialising in turnaround, special situations, distress, and mid-market buyout investments, according to a Bloomberg profile of the company. The Bloolmberg profile goes on to say Siris seeks to invest in companies in the healthcare, data, technology, technology-enabled business services and telecommunication sectors. They have a preference to invest in North America with investments of between $150 million and $1 billion in companies with sales value between $100 million and $1 billion. The firm targets special situations with enterprise values between $250 million and $2 billion, of which Web.com is obviously at the upper end.

Under the terms of the definitive agreement, which has been unanimously approved by Web.com’s board of directors, an affiliate of Siris will acquire all of the outstanding common stock of Web.com for $25.00 per share in cash. The purchase price represents a 30% premium over Web.com’s 90-day volume-weighted average price ended on 19 June.

According to Web.com’s latest quarterly report for the first quarter of 2018, the company has total net subscribers of approximately 3,349,000, a decline of approximately 62,000 from the end of the fourth quarter of 2017. It appears the company hit a peak in the first quarter of 2017 when it had around 3,503,000 subscribers. The company has a number of brands in its portfolio which are Network Solutions, Register.com, 1ShoppingCart, Name Secure, Name Bargain and SnapNames.

A special meeting of Web.com’s shareholders will be held as soon as practicable following the filing of a definitive proxy statement with the U.S. Securities and Exchange Commission and subsequent mailing to its shareholders.

Web.com may solicit alternative acquisition proposals from third parties during a “go-shop” period from the date of the agreement until August 5, 2018. There is no guarantee that this process will result in a superior proposal, and the agreement provides Siris with a customary right to match a superior proposal. Web.com does not intend to disclose developments with respect to the solicitation process unless and until the company determines such disclosure is appropriate.

“This transaction will provide shareholders with immediate and substantial cash value, while also providing us with a partner that shares in our commitment to customers and employees and can add strategic and operational value,” said David L. Brown, chairman, CEO and president of Web.com. “Based on our extensive engagement with Siris over the past two months and our prior discussions with them, we are confident that Siris’ support will enable Web.com to execute on its strategy and next phase of growth.”

Commenting on the transaction, Robert Aquilina, Siris Capital executive partner, said: “Web.com has a 20+ year legacy of leadership in the domain market with strong brand equity and a growing portfolio of attractive, value-add online and marketing services for SMBs. Siris looks forward to nurturing Web.com’s core domain business, supporting and anticipating the diverse needs of the company’s customers, and driving new opportunities for innovation and growth.”

Frank Baker, Co-Founder of Siris Capital, commented: “We are excited to partner with Web.com as it embarks on this new chapter of growth and market leadership. As a private company, Web.com will be able to make strategic investments for sustainable and profitable growth, while remaining agile and focused on delivering best-in-class solutions to its customers.”

The proposed transaction is expected to close in the fourth quarter of 2018 and is subject to approval by Web.com’s shareholders, along with the satisfaction of customary closing conditions and antitrust regulatory approvals, as necessary. The transaction is not subject to any financing condition. Upon completion of the acquisition, Web.com will become wholly owned by an affiliate of Siris.

.NYC Tech Auction Closes 18 May

dotNYC logoNew York City’s new gTLD is currently conducting an auction for tech-related premium domain names which ends on 18 May.

For eligible registrants, that is people and businesses in the city’s boroughs, there are 28 .nyc domains up for grabs. The auction has been open since 2 May but according to the SnapNames auction page bidders appear to be holding fire as there are no bids yet. Reserve ranges for all domains are $201 to $500.

To participate in the auction, bidders need to sign up here.

Live bidding is currently open on the following domains:


Another Week, Another Big Six-Figure Domain Name Sale

Domain Name Journal logoAfter a couple of weeks with the domain name sales failing to reach the 6-figure mark, a short .com domain to a Chinese buyer easily tops the Domain Name Journal chart of top reported sales for the week ending 26 February.

Guta.com brokered the sale of 3w.com which sold for a very nice $280,000, which was exactly 10 times that of the second biggest sale, bitcoin.casino ($28,000) followed by naturelab.com ($22,000), with both domain names selling through Sedo.

Sedo took out 17 of the top 20 sales on the weekly chart, while SnapNames took out 2. On the TLD side of things, there were 11 .com sales, 3 .de, 2 .blog and one each for .casino, .org, .cz and .co.

To check out the Domain Name Journal chart of top reported sales for the week ending 26 February, go to:

Second Week In A Row Of No 6-Figure Domain Sales

Domain Name Journal logoThe year got off to a bang with several weeks of six-figure sales topping the Domain Name Journal chart of top reported sales, and now for the second week in a row the top sale struggled to make $50,000.

The top sale for the week ending 19 February was hg7.com, selling for a still very nice $60,001 through SnapNames while defiant.com sold for $45,000 through Sedo came second and dtp.com sold for $44,000 through BQDN for third.

On the TLD side of things, there were 15 .com sales and one each though .net, .media, .today, .org and .cx. On the aftermarket side of things, there were 9 sales through Sedo, 3 through Sharjil Saleem and 2 each through SnapNames, BQDN and DomainMarket.

To check out the Domain Name Journal chart of top reported sales for the week ending 19 February in more detail, go to:

Final Hours For .NYC Fashion Auction

dotNYC logoThe .NYC Fashion Week premium domain name auction is into its final hours with all but 4 of the 24 domains up for grabs meeting their reserve and also having receiving at least one bid.

With less than 4 hours to go at the time of publication, shop.nyc has the top bid, with its current bid at $600 followed by fashion.nyc ($575), while a trio of domains (deals.nyc, designer.nyc and models.nyc) all attracting $550 bids.

And remember, you have to be a business or person resident in New York City to register a .nyc domain name.

To check out the .nyc auction at SnapNames, go to:

Another Quiet Week On Domain Sales Chart Sees .NL Take Top Spot

Domain Name Journal logoIt was another week where there were no domain name sales topping the six-figure mark but Telefoonhoesjes.nl (phone cases) managed to eek out a very nice sale, selling for €55,500 ($61,605) through Undeveloped.nl to be the top reported sale for the week ending 26 June.

Second and third were serres.com and cars.pt, selling for $30,000 and €20,000 ($22,200) respectively and both through Sedo.

Sedo had a good week on the Domain Name Journal chart, accounting for 14 of the top 20 sales while SnapNames had two.

On the TLD side of things, there were 11 .com domains, three .net and one each for .nl, .pt, .tv, .io, .ar and .de.

To check out the Domain Name Journal chart of top reported sales for the week ending 26 June in more detail, go to:

NameJet and SnapNames Combine Resources to Dominate Drop Catch Segment of Domain Name Aftermarket

NameJet and SnapNames, two of the leading companies in the domain name aftermarket, have combined resources in order to provide the highest probability of success for customers seeking to acquire dropping domain names as they become available.

NameJet SnapNames logo[news release] Beginning today (11/4), NameJet and SnapNames will be combining backorders for pending delete domain names on both platforms into a common drop-catching and auction engine. NameJet and SnapNames together represent a large segment of domain registrars including Network Solutions, Enom, Register.com, and Name.com. With their combined resources, a substantial improvement in drop-catch efficacy across both platforms is expected. This will result in customers being able to acquire more of the domains they wish by placing a single backorder on either platform with a higher probability of success.

If more than one backorder is placed from either platform on a domain that is caught in the drop, it will move to a private auction where both NameJet and SnapNames bidders may participate. Minimum bid increments and proxy bid rules for pending delete names on NameJet have been modified to match those of SnapNames in order to provide a consistent customer experience. This integration will not affect NameJet’s exclusive registrar expiry or private lister inventory.

“We are very excited to integrate with SnapNames for the drop,” said Jonathan Tenenbaum, General Manager of NameJet. “This is a natural fit and we think it will be great for our customers. By utilizing and supplementing SnapName’s industry-leading resources, we will greatly improve our drop catching efficacy and give our customers the best opportunity to catch dropping domains on NameJet.”

“We are always looking for ways to leverage our power in the drop to better serve the industry and create a positive experience for our customers,” said Michael White, VP of Operations for SnapNames. “Building the bridge between SnapNames and NameJet will improve success rates for customers across both platforms.”

About NameJet:
NameJet, LLC, a joint venture between eNom, Inc., a subsidiary of Rightside and Network Solutions, LLC, a subsidiary Web.com, is the world’s leading domain name auction platform. Launched in 2007, NameJet has since processed more than 200,000 domain auctions on its award-winning and easy-to-use website. With an exclusive inventory of expired and deleted domains from several of the largest registrars, plus top-quality premium name listings and drop-catching services, NameJet is the industry’s most trusted auction and aftermarket services provider.

About SnapNames
SnapNames is the web’s domain name marketplace of choice throughout the world. We pioneered the first commercially available and patented technology for backordering registered domain names with our patented ‘drop catching’ technology. Together with our partners and award-winning platform, we offer a selection of over 30 million domain names annually at price points to meet any budget. Our goal – to help our global customers get the domain name they want, when they need it! SnapNames is a Web.com company.