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Oversee.net Completes Acquisition of Ten Domain Portfolios

Oversee.net, a technology-driven media company, today announced it has acquired 10 domain portfolios over the last two months. The Company continues to aggressively build its portfolio of successful domain names and then quickly monetizes them. Oversee monetizes more than one million domain names per month and has more than 100 million unique visitors per month. The Company owns DomainSponsor, the industry leader in domain monetization.

Commenting on the increase in transactions, Lawrence Ng, Chief Executive Officer of Oversee.net said, "Oversee has accelerated its program to purchase domain portfolios. Because of our history in this space, domainers know we understand the dynamics of the industry and can quickly evaluate their portfolios. An expert in direct navigation, DomainSponsor is uniquely qualified to understand and exploit the value of domains, due to its proprietary technology and superior monetization expertise."

DomainSponsor is also the primary sponsor of the first DomainFest Los Angeles being held from September 20-22. Event sponsors include .mobi, Afternic, Name.com, and Afilias - companies who play a major role in the success of the domain business. The focus of DomainFestLA is learning and networking. The program features informative sessions from Pinky Brand, .mobi; Roger Collins, Afternic; Tina Dam, ICANN; Jothan Frakes and Steve Hisey, Oversee.net, John Berryhill, Esq., and Selwyn Gerber, CPA, among others.

For more information, please visit http://www.domainfestla.com

Related topics: DNS, Domain Names, ICANN

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