KeyDrive S.A., a Luxembourg based Internet holding company, have purchased Moniker and SnapNames, providers of products and services for all stages of the domain name lifecycle including registration, management, appraisal, sales, escrow and acquisition.

Moniker and SnapNames solutions enable individuals and businesses to secure the domain names they require from a vast array of global sources including primary registrations, deleting and expiring pools and from owners of already registered domain names.

With more than six million domains now under management at the entities owned by KeyDrive S.A., they now operate the sixth largest registrar network in the world for generic top level domains (gTLD). Leveraging their global presence and technology capabilities, the KeyDrive investments Key-Systems, Moniker and SnapNames offer a complete suite of domain name products and services worldwide including access to over 300 domain name extensions, full-serve brokerage, live and online auctions and monetization services.

“Driven by the need for corporations and individuals to connect online worldwide, Key-Systems, Moniker and SnapNames enable brands and end-users of all sizes and locations to select the right web services and domain names globally for their business,” said Craig Snyder, General Manager of Moniker and SnapNames. “Together our ability to deliver the key components of a thriving and efficient domain name marketplace, access to global domain name suppliers and buyers, is strengthened by this acquisition including a leadership position in the following key areas – ccTLDs, gTLDs, expiring and deleting pools as well as brokerage and auction services. We look forward to further building on our capabilities and technologies while investing in crucial areas such as client services and an expanded product set for the benefit of our clients.”

“Our focus is on providing our partners and clients best-in-class solutions that enable them to acquire and monetize domain names in a manner that fuels their global presence,” said Alexander Siffrin, Chairman of the KeyDrive S.A., and CEO and founder of Key-Systems. “With the acquisition of Moniker and SnapNames, both leaders in the domain registrar and aftermarket, we have greatly expanded sellers’ access to European buyers – and buyers’ access to domain names of all price points and quality throughout the entire domain name lifecycle. We’re pleased to offer the evolving market the synergies presented by our increased product and services suite.”