Web.com Announces Acquisition of SnapNames

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Web.com (WWWW) Acquires Daily Auction Sales Provider SnapNames

March 3, 2014 9:02 AM EST

Web.com Group, Inc. (Nasdaq: WWWW) announced that it has acquired SnapNames from KeyDrive S.A. SnapNames is a leader in the daily online auction sales of domain names across all categories, including expiring, deleting and privately-owned domain names.

"We are very pleased to bring SnapNames under the Web.com umbrella," said David L. Brown, chairman, chief executive officer and president of Web.com. "This... More