Latest news of the domain name industry

Recent Posts to sell for $13m

Kevin Murphy, October 20, 2010, 16:12:47 (UTC), Domain Sales is set to be sold for $13 million, after Sedo managed to find a buyer from among about a dozen bidders.
I reported the story for The Register today.
The buyer is Clover Holdings Ltd, based in St Vincent. The deal is subject to approval by the California bankruptcy court that is overseeing the assets of Escom, the current owner.
Go read the story. Or, if you’re interested in more detail, here’s the motion Escom filed this week, which includes the sales contract as Exhibit A (pdf).

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Comments (5)

  1. Charley says:

    I really like your blog updates. Excellent work.

  2. Dean says:

    that is a pretty amazing sale.

  3. Brian Null says:

    Big Scoop on a Big Domain. Well Done 🙂
    Hope it goes through and we find out who is behind Clover Holdings. Congratz to SEDO for pulling it all together.

  4. Jeff Edelman says:

    Great news for the domain industry. I’m lousy at predicting domain sale prices, but I thought that this would go for about 7 million dollars, and I thought that would be a successful sale. I’m glad that it ended up being almost double that.

  5. Joey Starkey says:

    I have got a few in my portfolio that shoud make no where near that. But all is good.
    All kidding aside it proves that the right domain name is Recession Proof.

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