Monday, April 21, 2014
Oversee.net Sells DomainSponsor
Los Angeles-based Oversee.net said today that it has sold its DomainSponsor domain monetization business. Financial terms of the sale were not announced. Oversee.net said it sold DomainSponsor to Rook Media, a European domain monetization company based in Zurich. Oversee.net said the move would allow it to focus on "more aggressively" developing its portfolio of web properties and mobile applications--and in particular, the many branded websites the company now owns in the areas of travel, consumer finance and comparison shopping.