LOS ANGELES & SEATTLE--(BUSINESS WIRE)--Thought Convergence, the industry-leading provider of domain management, monetization and development tools and technologies for premium domain owners and aggregators of high-quality domain portfolios, announced today that it has completed its acquisition of Name Intelligence, the company behind the highly-acclaimed DomainTools service and the Domain Roundtable conference. The acquisition expands Thought Convergence’s already extensive suite of industry-leading domain tools, services and technologies, and paves the path for management’s vision of a unified Domain Ecosystem.
“We are proud to welcome Jay, Ray and the entire Name Intelligence team into the Thought Convergence family,” said Kevin Vo, Thought Convergence Founder and Chief Executive Officer. “The addition of Name Intelligence further strengthens our industry-leading technology platform and lays the groundwork for the continuing expansion of our comprehensive suite of tools and services for domain professionals.” Further commenting on the acquisition, Thought Convergence Director and Chief Operating Officer, Ammar Kubba, added that “Name Intelligence shares our passion and drive to create technology-driven solutions and innovation within the domain industry. By combining our award-winning monetization and development platform, deep industry relationships and extensive resources with Name Intelligence’s unparalleled research, analysis and data aggregation tools, we are putting into place a robust and scalable framework for the creation of a symbiotic Domain Ecosystem.”
In commenting on the close of the transaction, Jay Westerdal, Co-Founder and Chief Executive Officer of Name Intelligence, said, “We are incredibly excited to join forces with Thought Convergence and to leverage our core competencies and proprietary technology in order to create the next generation of DomainTools, our auction and marketplace platform, intellectual property protection services and semantic suggestion technology.” Name Intelligence operations will remain in Seattle, Washington, and will continue to be led by Jay Westerdal and Ray Bero. In addition to their responsibilities at Name Intelligence, both Westerdal and Bero will collaborate with senior management at Thought Convergence to develop and execute on the Company’s long-term strategy.
About Thought Convergence
Founded in 2001, Thought Convergence™ is an industry-leading service provider of domain information, management, monetization and development tools and technologies for the domain name industry. Widely regarded as a pioneer in the domain industry, Thought Convergence provides its award-winning services and technologies under several brands, including TrafficZ™, DomainTools™ and Idea.Net™. By leveraging its comprehensive suite of fully-integrated domain services, tools and technologies, Thought Convergence is pioneering the industry’s first symbiotic Domain Ecosystem™ and is working to promote the continued evolution, success and sustainability of the domain industry. Thought Convergence is a privately-held company, growing profitably since inception, and headquartered in Los Angeles, California, with offices in Seattle, Washington. For more information, please visit http://www.ThoughtConvergence.com.