According to industry sources, Keydrive S.A. will announce this morning that they have purchased Moniker & Snapnames from Oversee.net. Information about the sale has already been posted on the companies website and was also added to ICANNWiki yesterday.

KeyDrive S.A./Luxembourg includes the Key-Systems Group in St. Ingbert/Saarland (Germany), the NameDrive Group (Luxembourg/USA) as well as Moniker and SnapNames (Florida and Oregon/USA) with more than 160 employees.

After the takeover of Moniker in January 2012 the group ranks among the TOP 10 biggest ICANN registrars in 6th place; the group currently administers a total of more than 5.4 million domains.

Rumors about a potential sale of Moniker & Snapnames had been circulating for  a while. DNN expects an official announcement to be published shortly and will update this post accordingly. Keydrive was created by merging KeySystems and Namedrive.

(c) 2011 DomainNameNews.com (2)


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