Law 310

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Network Solutions Inc.(NSI) started as a technology consulting company incorporated by Gary Desler, Ty Grigsby, Emmit J. McHenry, and Ed Peters in Washington D.C. in January 1979.[1] In its first few years, the company focused on systems programming services, primarily in the IBM environment. Annual revenues passed $1 million in 1982, growing to $18.5 million in 1986.

Network Solutions was acquired by Science Applications International Corporation (SAIC) in March 1995,[2] and listed on NASDAQ in 1997.

John Dillon reports in MediaFilter.org, "Initially, the service was subsidized by the government. But, in May 1993, the National Science Foundation privatized the name registry (InterNIC - Internet Network Information Center) and paid NSI $5.9 million to administer it. In September 1995, NSI instituted the fee system. A few months earlier, it had been bought out by Science Applications International Corp (SAIC)."[3]

In 2000, Network Solutions was acquired by VeriSign, Inc. for $21 billion.[1]

In 2003, VeriSign sold the registrar business, which continued to operate under the branding Network Solutions, to Pivotal Equity Group.[1] (VeriSign still retains the registry business which had been originally created within Network Solutions prior to VeriSign's acquisition of the company.)

During January, 2006, Network Solutions acquired e-commerce solutions company MonsterCommerce co-founded by Stephanie Leffler and Ryan Noble in Belleville, Illinois.

In 2008, Roy Dunbar was appointed CEO.[4]

On November 2, 2009, Tim Kelly, President of Network Solutions replaced Roy Dunbar as CEO. Roy continues to act as Chairman and advisor to Network Solutions.[5]

On February 6, 2007, Network Solutions announced that General Atlantic, a private equity firm, entered into a definitive agreement to acquire Network Solutions from Najafi Companies (formerly Pivotal Private…...

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