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19th December 2005 09:00 AM

Network Solutions to Acquire MonsterCommerce
 

Network Solutions, a provider of web solutions and domain name registrations, recently announced that it has entered into a definitive agreement to acquire MonsterCommerce, a provider of e-commerce solutions.

The acquisition will strengthen Network Solutions' product portfolio by adding a suite of e-commerce solutions and services like online marketing, web design and search engine optimization. The deal also presents an opportunity for both the companies to promote services to their collective customer base.

MonsterCommerce headquarters will remain in Belleville, IL, and the company will continue to promote and support the MonsterCommerce brand. The MonsterCommerce suite of e-commerce, online marketing, and web design services will be offered to new and existing Network Solutions customers. In addition, the full spectrum of Network Solutions products and services will be available to MonsterCommerce customers.

"MonsterCommerce is an e-commerce powerhouse that has created a suite of best-in-class products, services and customer support that further enhances the Network Solutions products and services portfolio," said Champ Mitchell, Chairman and CEO, Network Solutions. "Our goal is to leverage each company's core competencies in order to provide customers the products, services, and support they need to get online, easily and affordably, so they can grow their business to its full potential."

"The Network Solutions acquisition gives MonsterCommerce the resources needed to expand our product development efforts, as well as the ability to bring innovative product offerings to market quickly," said Stephanie Leffler, CEO, MonsterCommerce. "Incorporating the MonsterCommerce suite of services into the Network Solutions storefront will fuel the growth of our company and help us to continue to be a strong leader in the e-commerce marketplace."



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