Web.com buys domain name marketplace SnapNames

Web.com (WWWW +1%), already the owner of two major domain name registrars in Network Solutions and Register.com, is adding SnapNames' domain name auction platform to its arsenal of small business-focused Web services. (PR)

Acquisition terms are undisclosed. Web.com says it expects the deal, which comes with shares trading close to their all-time high of $37.39, to be "immaterial" to 2014 results.

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