New agreement meant to unify sale and resale of domain names

Dec 2, 2006 11:25 GMT  ·  By

So, it's definitely the time to get your site a domain name, but you don't know any provider that will allow you to do this process fast an easy?

Then, you should go to Google, type "buy domain" and hit Search. Click on the first result and you should be on BuyDomains.com. This site is provided by NameMedia, one of the most well known domain name providers on the Internet.

As the company gets more and more fans, the owner decided to bring a new feature to BuyDomains.com that will help creating the leading platform for domain market.

"NameMedia, the industry leader in Direct Search and Premium Domain Name Sales, today announced that it has acquired Afternic, Inc., the industry's pioneer marketplace for the resale of domain names," the company said in a press release.

"Afternic enjoys a strong following in the domain name resale and service marketplace, and is recognized for superior customer service and innovative sales strategies. Afternic's Domain Name Marketplace has in excess of 1.8 million premium domains available for purchase supported by complementary products such as a domain name appraisal service, a domain purchase assistance team; secure domain name escrow services, and a platform for generating advertising revenue for domain owners," representatives said.

So, it's obvious that NameMedia is trying to consolidate its leader position by acquiring new companies that "will offer many benefits to our shared customers", as Collins, Afternic's General Manager sustained.

"The Afternic acquisition advances our leadership position in creating an efficient marketplace for small and medium businesses to acquire domain names and insure a compelling digital identity," said Pete Lamson, the Senior Vice President for NameMedia's marketplace business.