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100,000 Domains Sold for $164 Million

Posted by ryuzaki0 on from the a-lotta-bread-for-typos-these-days dept.

miller60 writes "Here's a news item that puts some hard data on the domain typo millionaires post from a couple weeks back. Marchex Inc. just paid $164 million to buy Name Development Ltd., an obscure company that displays pay-per-click keyword ads on 100,000 domains. It's not a stock swap, either, as $155 million of that was in cash. The seller reportedly built the portfolio by scarfing up expiring domains (including hardware-update.com, previously owned by Microsoft and linked from within the Windows 2000 OS) and replacing the content with pay-per-click ads."

1 of 287 comments (clear)

  1. Re:Aggghh the pain. by essreenim · · Score: 1, Flamebait
    Well it's spam to me!!

    Maybe not for allot of Ameicans who are used to spelling google googil because they are not intelligent enough to understand the sublety of spelling a word with 'le' at the end that is pronounced 'el'?

    http://www.googil.com