Network Solutions

From Free net encyclopedia

Image:Logo-netsol.gif Network Solutions, LLC.—a technology company founded in 1979—was the first registrar of domain names. Network Solutions manages more than 7.6 million domain names. It is now the second largest registrar after Go Daddy.

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History

Network Solutions started as a technology consulting company in 1979, with approximately 30 employees, and focused its efforts on applications development. In 1992, Network Solutions was the sole bidder on a grant from the National Science Foundation to develop the domain name registration service for the Internet. After creating the domain name registration technology, Network Solutions became the first and only domain name registrar for the Internet, until 1999 when the domain name industry opened up to competition. Network Solutions was acquired by Science Applications International Corporation (SAIC) in 1995 and listed on NASDAQ in 1997.

In 2000, Network Solutions was acquired by VeriSign, Inc. (www.verisign.com) for nearly $15 billion.

In 2001 Network Solutions lost a key case [1] over domain names being property in the sex.com matter involving entreprenuer Gary Kremen.

In 2003, Network Solutions was spun off as a privately held company.

The CEO is Champ Mitchell.

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