Oversee.net announced today that they have acquired Moniker but the terms of the transaction were not disclosed, however it was believed to be around $65 Million dollar transaction. Monte Cahn has agreed to a multi-year commitment with Oversee by continuing to run Moniker.
Oversee also acquired SnapNames® in May of 2007 for around $35 Million. Oversee will leverage the two divisions’ capabilities by adding Moniker’s live auction and back-office services to SnapNames Live.