Acquired For $135 Million

Posted Jun 19, 2010 has made an agreement to acquire for a price of $135 million. is a domain name registration company that plans to integrate as a lead generation tool for other services such as hosting and web site template design. is one of the highest priced domain name registration services at a $35/year price point. has about 2.36 million domain names registered so far.

However will now have to deal with an inherited lawsuit from Baidu.  Baidu’s nameservers were changed due to lack of security by one of’s employees. [Domain Name Wire]