The online domain marketplace Sedo has purchased ParkingPanel, a domain monetizing service provider. ParkingPanel was launched three years ago and it caters primarily to individuals with large domain portfolios. ParkingPanel customers will be merged into the existing Sedo framework, according to sources, and will gain access to Sedo’s advanced monetization engine.
This week in hosting saw continued news on hot topics such as improved security measures, the ever-popular “greening” of the industry and the confirmation of a long-circulated rumor concerning the merging of two giants in the domain services industry.
Domain Name Wire reports an online domain marketplace Sedo will soon hit 1 million registered users. More than 55,000 users joined the site since the end of last year, which brings the total number of users to 962,000, based on its first quarter financial report.
Domain marketplace Sedo has acquired a domain parking service RevenueDirect, previously owned by Dotster. This acquisition increases Sedo’s North American market share of domain services due to RevenueDirect’s large inventory and registrar presence. In exchange, RevenueDirect customers will be able to use Sedo’s monetization features.
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