Flippa a popular marketplace for buying and selling websites, domains and now apps, have just acquired DomainHoldings Group for an undisclosed price.
Flippa is projecting a whopping $70 milion sales this year with this acquisition and gets them in position to compete with other aftermarket giants – Sedo and GoDaddy.
Harbottle, who also founded 99Designs.com, said, “When you take a dominant marketplace like Flippa.com and add the most respected outbound sales teams in the domain name space, you have a platform for selling digital assets that will be unrivaled in the market.”
Ferber is famous for founding and selling Advertising.com to America Online for nearly $500 million in 2004 before joining forces with Chad Folkening to launch Domain Holdings in 2010. The company booked nearly $31 million in sales last year.
Source: Hold onto Your Hats! Flippa Acquires Domain Holdings – Predicts $70 Million in Sales This Year