Oversee Net Web Site

Oversee.net, which manages more than 2.5 million bare-bones websites, plans to acquire a company that specializes in buying Web domain names the second they become available. Los Angeles-based Oversee expects the deal for Portland, Ore.-based SnapNames to close later this month, Oversee Chief Executive Lawrence Ng said. He declined to disclose the price. Many domain-name speculators use SnapNames' service to bid for expiring Web addresses.