- Joined
- Dec 25, 2004
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SnapNames was recently acquired by Oversee.net for $35 million, based on yearly revenues of around $40 million and profits of $3 million or so. About half of that revenue, and all of the profit, came from a single exclusive Snapnames’ registrar partner - NSI. A small portion of the purchase price was held back in escrow based on the company meeting revenue projections of $70 million/year.
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