Network Solutions Acquired By General Atlantic

We’re just getting news that domain name registrar (the original one) Network Solutions has been acquired by General Atlantic, a private equity firm. The price hasn’t been disclosed, but it will be leaking soon.

Network Solutions was the original domain name registrar and was part of Verisign until it was spun off in 2003. Since that time, they’ve lost a stupendous amount of market share to discount operations like GoDaddy, eNom and others. They now have about 6.6 million domain names under management.

As I suspected, the price is leaking all over the place. The rumor is this was an $800 million deal.