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Oversee.net Acquires Moniker For $65 Million

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moniker.jpgOversee.net has acquired domain registration and auction powerhouse Moniker for what is believed to be $65 million.

Oversee.net previously purchased Snapnames in May for $35 million and will integrate Moniker into its Snapnames Live service.

Moniker has become a leader in the continually growing second domain names market. We’ve covered Moniker auctions twice before (here and here); they may not have the volume of some of their competitors but they had carved out a strong niche at the top of the market.

Both parties said that the acquisition would strength their positions in a highly competitive market.

(in part via Domaintools)

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