Sedo, the leading online marketplace for buying and selling domain names and websites, today announced it has acquired the domain monetization service provider ParkingPanel.com.
Sedo will be incorporating the ParkingPanel.com brand into its own brand, and transitioning ParkingPanel.com’s members to Sedo’s platform by the end of the month. ParkingPanel,com’s former clients will benefit from Sedo’s advanced monetization engine, optimized parking templates, and access to the world’s largest domain name marketplace. Financial terms of the agreement were not disclosed.
“This is an excellent opportunity for Sedo to extend our parking program’s industry leading services to ParkingPanel.com’s customers,” said Tim Schumacher, CEO of Sedo. “We look forward to a smooth integration of the ParkingPanel.com brand into Sedo’s community of domain buyers and sellers. This acquisition is another example of Sedo’s commitment to sustaining growth and increasing our membership throughout the year.”
Roy Barrett, Vice President of Product Development for ParkingPanel.com added, "Sedo has an extremely extensive set of services for their members globally, and is truly a first-class operation. We are excited that ParkingPanel.com's members will benefit by having the best customer support available as part of Sedo, the leading domain services company."
Sedo account managers will personally handle the transition of ParkingPanel.com’s clients to Sedo’s platform and inform all members of the change in service via email.
About ParkingPanel.com
ParkingPanel.com,
headquartered in Oklahoma City, OK, offers domain portfolio owners,
registrars, and web hosting companies an opportunity to maximize
revenues from parked domains utilizing multi-variant template
optimization, semantic meaning-based analysis, and advertiser matching.
Launched in 2006, ParkingPanel.com’s groundbreaking keyword
technologies and template optimization paved the way for modern-day
semantic analysis now widely adopted throughout the direct navigation
and search monetization industry.
About Sedo
Sedo,
an acronym for "Search Engine for Domain Offers," is the leading online
marketplace for buying and selling domain names and websites.
Headquartered in Cambridge, Mass., Sedo has assembled the world's
largest database of domain names for sale, with more than 15 million
listings. The success of Sedo's model has attracted a global membership
base of more than 800,000 domain professionals. Sedo is majority-owned
by AdLINK Group (ISIN DE0005490155 / German WKN: 549015), which is part
of the German United Internet AG (ISIN DE0005089031/ WKN 508903). Sedo
offers regional versions of its site for the UK (Sedo.co.uk), France
(Sedo.fr), Germany (Sedo.de), and Spain (Sedo.com). For additional
information, please visit www.sedo.com.