Igloo will be part of European brand management company.
Domain name brokerage Igloo has agreed to be acquired by BrandIT, the company announced today.
BrandIT is a European corporate domain name management company that offers domain portfolio services, online brand protection/enforcement and other services for companies to manage their domain names.
Igloo has completed $140 million in brokerage transactions since it was founded seven years ago.
I haven’t heard of BrandIT before, but this acquisition interests me for two reasons:
1. It’s a European company, which should give domain sellers reach into a market that isn’t served by as many domain brokers.
2. As a company that serves corporations, domain sellers should be able to get their domains in front of end user buyers.