Oversee.net gets $150,000,000

[James]

"Oversee.net announced today that it has executed a definitive agreement with Oak Hill Capital Partners, a private equity firm, for an investment of $150 million in Oversee.net’s holding company. Specific terms of the transaction were not disclosed.

The funds will be used to augment organic growth and acquire technologies that will enhance its suite of services in the online marketing and domain name industries. Oversee’s DomainSponsor will continue investing in technologies that monetize domain traffic. In 2007, Oversee moved assertively to build its domain name auction and related services capability, in part through the acquisitions of SnapNames and Moniker. The company will continue to evaluate acquisitions that extend its overall capabilities."

http://blog.domaintools.com/2008/01/oversee-gets-150-million/

 

[fleshas]

amazing....

 

[Spade]

Thats what I need... an influx of $150 million to acquired domain technology.

 

[duceman]

Thats what I need... an influx of $150 million to acquired domain technology.

:talk: here is a start ---->>> URLLoans.com

 

[James]

Thats what I need... an influx of $150 million to acquired domain technology.

Wouldn't we all like that? :]

 

[buyauthority]

It just pushed OverSee.com to another level, don't you think?.

 

[Peter]

Wouldn't we all like that? :]

Not necessarily I would have settled for $100 million. Don't want to be greedy now.:p

That is an amazing amount of money to be able to play with. Wonder what the terms were. We will probably never find out.

 

[liquidcherry]

Now you can see what the numbers on Monte Kahn's paycheck look like!

:hehe:

Cheers,

Frank

 

[labrocca]

I just got an email saying they wanted my portfolio and offered 1.2 million dollars.






NOT..but I wish.

 

[James]

Not necessarily I would have settled for $100 million. Don't want to be greedy now.:p

That is an amazing amount of money to be able to play with. Wonder what the terms were. We will probably never find out.

I'd settle for 25million to make something better, I'd take more if it was for a nice company like oversee.net though

 

[exponent]

I bet the investment revolved around the Moniker acquisition. Oddly enough, I think something bigger is on the horizon. NAmedia's IPO is going to be in the neighborhood of $175m. Coincidence? Doubtful.

 

[Ronald Regging]

Thats what I need... an influx of $150 million to acquired domain technology.

I dont know why, but your statement just made me think of the 6 Million Dollar Man.

A domainer barely afloat. Gentlemen, we can rebuild him. We have the technology. We have the capability to build the world's first bionic domainer. <insert corny futuristic springy sound effect here>

 

[Marty Rogers]

Wow, that's awesome!