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SnapNames was co-founded in 2000 by [[Raymond King]] and Ron Wiener <ref>http://www.dnjournal.com/columns/coverstory3.htm</ref>. The company is a genesis of an idea that Raymond King, while tracking a domain name which he wanted for himself, and whose registration expiry date was nearing. King wrote a programming script that enabled him to know the moment the domain name expired, so that he could quickly move in and re-register it in his name. His success led him to the founding of SnapNames, with the objective of providing its services to corporate clients who wanted to guard their domain names from accidental deletion from the domain registry. The company later expanded into offering its services to individual buyers who wanted to buy domain names which were being deleted from the registry.  
 
SnapNames was co-founded in 2000 by [[Raymond King]] and Ron Wiener <ref>http://www.dnjournal.com/columns/coverstory3.htm</ref>. The company is a genesis of an idea that Raymond King, while tracking a domain name which he wanted for himself, and whose registration expiry date was nearing. King wrote a programming script that enabled him to know the moment the domain name expired, so that he could quickly move in and re-register it in his name. His success led him to the founding of SnapNames, with the objective of providing its services to corporate clients who wanted to guard their domain names from accidental deletion from the domain registry. The company later expanded into offering its services to individual buyers who wanted to buy domain names which were being deleted from the registry.  
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SnapNames was acquired by [[Oversee.net]] in the year 2007<ref>http://oversee.net/news/63</ref>. The terms of the deal were not disclosed. The company's then CEO, Mr. Sudhir Bhagwan, continues to operate the company as a standalone business unit.
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SnapNames was acquired by [[Oversee.net]] in the year 2007<ref>http://oversee.net/news/63</ref>. The terms of the deal were not disclosed. The company's then CEO, Mr. [[Sudhir Bhagwan]], continued to operate the company as a standalone business unit until 2008.
    
==Business Model==
 
==Business Model==
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