Oversee.net To Buy SnapNames

Oversee.net, a Los Angeles-based online marketing company, has agreed to acquire SnapNames Inc., a Portland, Ore.-based operator of expired and deleting domain names. No financial terms were disclosed for the deal, which is expected to close within the next few weeks. SnapNames had raised nearly $9 million in VC funding since its 2000 inception, from firms like Empire Ventures and InvestAmerica Venture Group. www.oversee.net www.snapnames.com