Sedo Acquires RevenueDirect From Dotster

February 24, 2009 by · Comments Off on Sedo Acquires RevenueDirect From Dotster 

Webmaster NewsVancouver, Wash. – Dotster, Inc., a leading provider of Internet business services, has signed a definitive agreement to sell its domain monetization service RevenueDirect to Massachusetts-based Sedo, the leading online marketplace for buying and selling domain names. The two companies have also formed a strategic partnership, enabling Sedo to benefit from Dotster’s large inventory and leading registrar presence, while Dotster customers will gain value from Sedo’s advanced monetization engines and access to the world’s largest domain name marketplace. Financial terms of the agreement were not disclosed.

“Dotster is dedicated to helping businesses and individuals get online and grow, while domain monetization is more focused on generating value from owned, parked domains,” said Clint Page, CEO of Dotster. “We will continue to make investments in growing value-added Internet services that enhance our customers’ online results, such as shared and private hosting and our new social media platform, Dotster ConnectSM.” Read more