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Feb062007

Network Solutions Acquired By General Atlantic

Techcrunch has got news that domain name registrar, Network Solutions has been acquired by General Atlantic, a private equity firm. The price hasn’t been disclosed, but it will be leaking soon.

Network Solutions was the original domain name registrar and was part of Verisign until it was spun off in 2003. Since that time, they’ve lost a stupendous amount of market share to discount operations like GoDaddy, eNom and others. They now have about 6.6 million domain names under management.

Techcrunch

Deals, Acquisition, Network Solution, Verisign, Domain Registrar, General Atlantic

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