Internet services company Web.com has acquired domain registrar and hosting provider Network Solutions for $405 million in cash plus 18 million shares of Web.com stock, valuing the transaction as $560.8 million Network Solutions, which is currently owned by private equity firm General Atlantic, provides domain registration, e-commerce, search engine optimation, other online promotion services, hosting and email to millions of small businesses. Source: http://feedproxy.google.com/~r/Techcrunch/~3/YK3TKvg1Y1Y/
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