This is a no brainer deal for Parked and a win win for everyone involved. The combination of WhyPark’s develop technology and Parked’s ad feeds are a great marriage.
Some quick highlights:
- WhyPark and Parked will continue to run as two separate services
- Craig Rowe will continue as President of WhyPark
- Parked grows customer base by a little more than 3%
- Parked already has over 4,000,000 domain names with their services while WhyPark has about 150,000 on their nameservers
- Parked has one of if not the best ad feed in the parking industry
Here is the official release from WhyPark earlier this morning.
Parked.com expands its domain monetization technology through WhyPark acquisition.
April 28, 2009 — Parked.com, a leading domain parking company, announced today it has acquired WhyPark, a domain development company. The purchase creates synergies between the two companies by combining WhyPark’s strength in developing traffic with Parked.com’s competitive advantage in monetizing traffic. Terms of the transaction were not disclosed.
Parked.com’s acquisition of WhyPark offers several advantages for WhyPark customers including a new premium top-tier feed for offering the highest revenue effective immediately. WhyPark customers will also receive:
* Keyword selection expertise to maximize revenue and click-through rate (CTR)
* Experienced staff to optimize domain names for maximum revenue
* Payment twice a month
* Payment options for PayPal, direct deposit, check and international wire
* 10% referral programs
WhyPark (www.whypark.com), an innovator in the domain development space, recently launched a rapid site development platform which allows its customers to create custom sites in minutes, earn revenue through flexible opportunities including cost-per-action (CPA) and cost-per-click (CPC), and attract search engines, advertisers and visitors. WhyPark’s suite of premium services is also available for the highest level of content development and SEO for the more advanced domain name investor. In a recent Domain Name Wire survey, WhyPark was voted the best parking alternative.
“Domainers are looking for new options and services to help increase their ROI,” said Donny Simonton, President of Parked Technology Services. “The WhyPark purchase offers new such opportunities. The combination of Parked.com’s proprietary technology and WhyPark’s rapid site development will offer immediate unmatched added value to WhyPark clients. WhyPark’s domain development technology will also be integrated into Parked.com’s services in the coming months providing new services for Parked.com clients. This is a definite win for Parked.com customers.”
WhyPark Founder and President, Craig Rowe will remain with WhyPark and continue to be very integral in the future development of WhyPark.
“The WhyPark acquisition is fantastic for current and future WhyPark customers,” stated Craig Rowe. “Backed by the financial strength as well as the technology and capability of Parked.com, greater opportunities are now available for WhyPark customers. I am excited and confident with the future of WhyPark.”
WhyPark clients will continue to utilize their existing administrative interface. No changes will be required by current WhyPark clients. For more information on the WhyPark acquisition and what WhyPark and Parked.com customers can anticipate with the purchase, visit http://www.whypark.com/faq-parked.htm
About Parked.com
Founded in 2006, Parked.com offers domain parking solutions for domain name owners. Parked.com leverages technology for dynamic domain name optimization providing leading edge parked pages that are relevant to what internet users are looking for and ensuring targeted traffic for advertisers. With clients worldwide who combined own 4,000,000 domain names, Parked.com has aggressively become a leader in the domain parking space and was voted best parking company in the 2008 User Choice Awards.
About WhyPark.com
WhyPark quickly builds domains to become living websites. The company’s proprietary system provides new and relevant content daily to clients’ domain names, obtaining search engine visibility for domains instead of relying on type-in traffic or temporary links.
Too many Parks …whyFark?
How much $$$ is the sale?
Oh boy, Stephen D will be living in Loisiana eating crawdads.
The sale amount has not and will not been disclosed.
Stephen will no longer be a part of the company. Visit his blog post at http://successclick.com/parkedcom-acquires-whyparkcom-the-new-monetization-begins_2009_04_28/.
Man, I am going to miss Stephen’s sale pitch on whyFark.
So who is going to buy chefpatrick?
or what is chefpatrick going to buy?
Hi Chef,
Thanks for covering the sale and printing my blog url. It was kind of you. For a correction, WhyPark actually has over 150,000 domains on its servers from its customers, I told that to Frank but he was sidetracked taking care of his kid! Hope he fixes it soon. I’ll have to go post on DDN now.
I’m sorry Mr. B*Sh*t is going to miss my “Billy Mays” of WhyPark promotional effort. lol. Don’t worry, Mr. B, you’ll still see me around on some new and hopefully beneficial project being built for domainers. Woe is you!
Thanks for stopping by Stephen. I updated the domains, thanks for the correction.
I know we’ll see you around doing something big. Congrats again.
Times change I guess. I hope this is a good development for both parties, I know I will be watching to see if/when things are integrated or perhaps merged.. Both companies have their strong points, should be a good combination.
And I will enjoy continuing to read your blog and watch your great vids!
thanks broey
@Jesse – thanks for the nice comment! I agree!
Park buy whyfark or who buys who–who cares—just show me the MONEY!!!!
I have transferred some domains to Park….
just show me the $$$$$$$$$$