As per the press release, Web.Com a privately held web hosting service provider and internet based marketing solution to various businesses acquired Network Solutions (NetSol), one of the world’s first domain registrar for 400 million dollar + stock + debt.
Network Solutions is the world’s first domain registrar. Up till now they are charging a steep fees for the domain registration as compared to other registrars like Godaddy.com or Internet.bs. Most of the quality names are registered with NetSol as they were the world’s first domain registrar. Though domain investors and normal user hardly buys domain from NetSol due exorbitant prices but they are mostly used by big businesses and corporations who hardly cares about selling or investing in domains and register the same for years to avoid any hassle for renewals.
They also provide web hosting services but they are not at all popular in the web hosting field. They are hardly any competition to other providers like Hostgator or Site5 but people still use them as they are providing free domain if you purchase an annual hosting plan with them.
Web.Com also owns Register.Com which is also popular for exorbitant prices for registering domains and this also proves that we will not witness any change in domain prices at NetSol. May be they increase the price of renewals!