NameSilo acquires domain registrar NamePal to target domain investors

NameSilo have acquired domain registrar NamePal to target domain investors worldwide. With this acquisition, NameSilo will be leveraging NamePal’s aggregator technology to capture and deliver expiring domain names through an auctioning process from over 15 platforms.

According to NameSilo, expiring domain names can cause problems for customers which also results in opportunity loss when it comes to branding or creating a business identity. They say that these domain names again enter an auction process after which they are sold at a higher price.

In order to obtain these expiring domains, NameSilo have acquired NamePal a domain registrar order to target investors. They say that this acquisition will help them gain access to NamePal’s back-order service that allows users to capture and deliver domain names that are on the verge of expiring.

By getting access to these domain names, NameSilo believe that they will be able to take their business to the next level. They say that this acquisition will help NameSilo provide a wide range of domains and diversify their product portfolio.

It will be interesting to see how NameSilo take this ahead, following the partnership of Incopro with SILKA in November.