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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Protrada Adds Over 50,000 New Members With Acquisition of DomainFace.com  Assets 

The innovative domain trading platform Protrada.com that debuted last summer just took another giant step forward. The company has acquired the assets of UK based domain search engine and data supplier Domainface.com, including their 52,500 members, for an undisclosed price. After being launched in January 2010 by Kenny Goodman and Nathan Ridley Domainface built a strong following by helping clients locate domains for sale that have specific attributes that can help boost a site's ranking in major search engines. 

 

The deal will have Domainface members migrate to Protrada’s platform while Face Software will retain the Domainface.com domain and reposition the website as an information and education portal. This will be done after a transitional period during which the domain will redirect to Protrada.com. Protrada said the acquisition of Domainface's current assets is another 

Protrada Founder Troy Rushton

step in the company's plans to expand the domain name buying and selling market beyond traditional domain investors. A large percentage of the Domainface members are internet marketers who are more involved in developing online businesses than flipping domains, so bringing them into the fold fits Protrada's strategy perfectly.

Troy Rushton, CEO & Founder of Protrada said, "We are excited to offer our domain trading technology to Domainface members. Domainface Co-founder Kenny Goodman and his team have done very well to grow market share and the time is now right for us to substantially increase our user base. The level of user transactions in Protrada is growing steadily as we continue to welcome new domain traders daily. We are focused on ensuring the transition is seamless for the new members and much of what Domainface had in its development roadmap is already live and available in Protrada today."

(Posted July 6, 2012)  


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