Done Deal: Web.com Completes Network Solutions Acquisition

Web.com put out a press release this evening announcing that the deal to acquire Network Solutions has been approved and finalized. The deal, valued at approximately $576 million ($405 million in cash and 18 million shares of Web.com common stock), was originally announced in August, and it comes on the heels of Web.com’s acquisiton of Register.com in June of 2010.

This acquisition triples Web.com’s customer base, and it will allow the company to offer cross-sells and up-sells to customers. In total, there are now about 3 million “subscribers.”  According to David Brown, chairman and chief executive officer of Web.com. “This transaction more than doubles our revenue, triples the size of our customer base, and provides the expanded scale to invest greater resources in growth and branding initiatives.”

I am interested in learning more about the branding initiatives that were mentioned by Brown. Register.com and Network Solutions have built solid brand names over the last 15+ years, and they have arguably more consumer recognition than Web.com.

Do you think the company should re-brand under one unified name, or do you think it makes more sense to operate under different identities?

Guest Post: Emiliano Pasqualetti on DomainsBot Re-Launch

DomainsBotWhen I first started investing in domain names, I used DomainsBot quite a bit. I received an email announcing the re-launch and site update, and I asked DomainsBot CEO  Emiliano Pasqualetti to submit a guest post to discuss the re-launch. The new site will debut tomorrow.

The new DomainsBot features several innovations to help users finding better domains faster.  The most relevant change is the real time suggestion engine that sensibly reduces the time to brainstorm and select domains to buy for a frictionless experience.

We have also introduced a combined domain + Twitter + Facebook identity check to help our users spotting the most brandable available or for sale domains.

The offering of premium domains will be improved by adding GoDaddy domains to our feed.  Finally, with the DomainsBot Deals we intend to make sure our users can buy domains and other related services at the best price on the market.

We are also proud to announce the launch of a new section of our business area dedicated to registries and new TLD applicants. Over the last months we have been working with several applicants providing business intelligence.

Any interested party can contact us at b2b@domainsbot.com.

My TRAFFIC Experience & Recap

I returned home from Ft. Lauderdale yesterday evening, and I want to share some of my takeaways from the TRAFFIC conference. Overall, the conference proved to be a great networking opportunity (as it always is) in an excellent venue.

–  Domain Holdings  made a very impressive showing. In a short span of time, the company has hired a number of people who are experienced in the domain industry and some from outside of the domain space. In fact, when I first arrived, I said hello to someone I know who has worked at a successful but covert domain company, and I was surprised when I saw his tag said Domain Holdings. I think Domain Holdings is a collegial team of experts who are working on products and services that target various segments of the domain business, and I bet you’re going to hear a lot about them in the next year.

– I had a productive meeting with Protrada about the company’s platform, and I am going to set up my account ASAP. I was given a walk through, and I think it is going to help me stay on top of potential acquisitions and auctions. If you haven’t checked it out yet, it’s quite comprehensive and well put together.

– I really appreciated the fact that GoDaddy was there and took the time to walk through the auction platform. I had some issues with it, and I was able to learn a few tricks while showing some of the areas of frustration.

– Sedo and Afternic announced news during the conference, which will help domain owners sell domain names. Afternic is partnering up with Godaddy and Sedo expanded its SedoMLS distribution channel. It’s going to pay to list your names on both platforms. I also had a nice conversation with Don Lyons, who let me know about Moniker’s new partnership with Afternic, making it easier to sell names.

– Whether you think adult sites are good or bad, .XXX domain names are good or bad, or whatever your feelings are related to the adult industry, I can tell you they have a smart team running the operation, and I think they are going to be very successful. I had a long and candid conversation with ICM Registry CEO Stuart  Lawley, and I came away impressed with the organization.

– The .XXX party at the W Hotel was fun. The venue was great, especially because it was so close to the Ritz Carlton.  I think the party could have been a bit more “adult” though 🙂

– I am glad that  Mike Mann was on the Test Track panel. He was very blunt when he needed to be and was entertaining by calling things the way he saw it. I think organizers need more vetting for Test Track to avoid no shows and to choose presenters with solid business plans.

– I want to wish Mike Berkens congratulations for Blogger of the Year. It’s very well deserved and certainly hard earned.

– I think there should be a Domain Broker of the Year category. I know awards aren’t that important to many people, but the broker side of the business helps bring in considerable revenue to domain investors, and some brokers are far superior to others.

– There was a guy who showed up at the conference with one of the most unbelievable lists of category defining .com domain names that made everyone’s jaws drop. Apparently, his father founded the company a number of years ago.

– The Ritz Carlton in Ft. Lauderdale was an excellent location to hold the conference. It was large enough that there was space to spread out and hold private meetings, but it didn’t feel like it was too expansive. The corridor outside the ballrooms was conducive to meetings, and to meet with companies that had booths. There were several areas (inside and outside) and restaurants for private dining and larger parties. In addition, there are a number of hotels within walking distance for those who don’t have a Ritz Carlton budget.

– Despite the three days of rain, spirits were still very high. People stayed at the venue for the most part, and there were many good opportunities to meet with other people and companies in the industry. I tend to take some time during the conferences to catch up on work/emails…etc, but I stayed at the venue almost the entire time.

– I am sure many people are just waiting until I discuss the auction. Actually, a lot of people will probably skip over this entire post just to write negative things about the auction. In any case, I don’t think it takes a genius to realize the results weren’t great. I think the .XXX sales were strong, although I wouldn’t have been surprised to see Movies.XXX sell, in light of a few other high dollar sales. Everyone seems to have an opinion on what went wrong and what can be improved, and I am going to stay out of that.

– As usual, the show organizers put on a professional trade show without many hitches. They’ve been at it for years, and I felt that the whole Traffic team made attendees feel welcome and appreciated.

Domain Holdings Hires Ryan Colby as SVP of Product Management

DomainHoldings.comIn the past year or so, Ryan Colby sold a number of high value domain names as a domain broker at Sedo, including Jerusalem.com ($510k), GamesForGirls.com ($500k) Logo.com ($500k), Consolidation.com ($220k) and many others. Colby was also instrumental in landing one of the nicest portfolio exclusive listings  I’ve seen, with domain names like Holidays.com, Spain.com, Italy.com, Dad.com, and many others.

A few months ago, I learned that Colby resigned from his post at Sedo and recently learned that he took a position at Domain Holdings, where he is Senior Vice President Of Product Management. Domain Holdings is the rapidly growing company in south Florida founded by Secret Millionaire, John Ferber, and domain industry veteran, Chad Folkening.

Ryan’s primary role with the company is to drive revenues and oversee various product lines within the organization.   “Domain Holdings Group   provides a true life-cycle management solution for domain owners which includes domain acquisitions, development, monetization and divestment.   We are bridging the gap in the marketplace by bringing these four areas together like no other company,  ” he explained.

Although Sedo has lost several key brokers in the last several months, I was surprised that Ryan left given the high value exclusive brokerage agreement he had just secured, as well as his success with the company.

I  asked him what led him to his decision, and he shared some insight.  “Sedo is a first class organization where I had the unique opportunity to learn the fundamentals of high value domain name brokerage,” said Colby. “I felt like it was time in my career to take a pause and re-evaluate new opportunities on a broader scale if they presented themselves.”

One big change the Ryan will surely experience first hand is the warm Florida weather.  Ryan told me that  “the culture of South Florida is much different than what I’m used to and has been a welcomed change. I’m enjoying the amazing weather and restaurants in downtown Delray Beach.”

Ryan is active on Twitter, and you can follow his feed: @rjcolby. I wish him all the best success in his new position at Domain Holdings.

City Advertising Ranked #189 in Inc. 500’s Fastest Growing Companies

Inc. 500Darren Cleveland is one of the first people I met when I started selling domain names. He’s always given me good advice and been a resource to me when I’ve sought his opinion on business related matters.

You may know Darren from his domain industry related partnerships with Sahar Sarid and Jeff Bhavnanie. Darren currently serves as President of FuneralHomes.com, and he is also President of Boynton Beach-based City Advertising, an advertising agency for small businesses.

Congratulations are due for Darren’s company, as it was named one of the fastest growing businesses in the country, according to a press release this morning. Inc. magazine ranked City Advertising #189 in its annual list of the 500 fastest growing companies. City Advertising was ranked as the 7th fastest growing company in South Florida.

According to the Inc. magazine report, City Advertising experienced a growth rate of 1,595% and recorded $2.2 million in revenue. The company employs 16 people.

DMD Hits 52 Week Low

Demand Media, trading under the symbol DMD on the New York Stock Exchange, hit a 52 week low this morning, briefly trading at $6.85/share before bouncing off of the low. The company hasn’t been trading for a full year yet, but around the time of the IPO, it traded as high as $27.38/share.

Demand Media owns Enom, one of the largest domain registrars, which owns drop catching auction service, NameJet. There are several DMD executives who have experience with the domain industry.

Another Internet company that hit a 52 week low today was Friend Finder Networks (FFN). Google is trading just above its 52 week low of $473.02, and surprisingly, Yahoo is up today, as is the Nasdaq.

It should also be said that a majority of all Dow component stocks are down today.