Leading domain name industry player, Moniker, has sold its web hosting company, Cool Handle Web Hosting to Pronethosting.NET for an undisclosed amount.

It seems the domain name registrar is getting out of the web hosting business in order to focus on its core activities of domain name traffic monetization, domain appraisals, and domain name purchase, domain escrow and aftermarket services.

For now at least.

For its part, Pronethosting.NET was attracted to Cool Handle due to its ‘value-priced’ services for shared web hosting and email hosting. As a result of the acquisition, Pronethosting.NET will provide shared, reseller, and dedicated hosting to over 100,000 domains.

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This entry was posted on Thursday, January 14th, 2010 at 8:24 am and is filed under Domain Names, News and Comment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.