Network Solutions
Headquarters:Herndon
Founded:1979
Network Solutions, LLC is a technology company founded in 1979. The domain name registration business has become the most important division of the company. As of January 2009, Network Solutions managed more than 6.6 million domain names. Network Solutions started as a technology consulting company founded by Emmit J. McHenry in 1979, with approximately 30 employees, and focused its efforts on applications development. Network Solutions was... acquired by Science Applications International Corporation in 1995, 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 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 ." In 2000, Network Solutions was acquired by VeriSign, Inc. for $21 billion. In 2003, VeriSign sold the registrar business, which continued to operate under the branding Network Solutions, to Pivotal Equity Group.
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