100,000 Domains Sold for $164 Million

Posted by ryuzaki0 on Wednesday February 23, 2005 @02:15AM 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)

Min score:

Reason:

Sort:

Re:So do all of these domains point to one subnet? by mjfrazer · 2005-02-23 02:37 · Score: 5, Informative

careerinfo.com has address 83.138.187.18
rentguide.com has address 83.138.187.18
hardware-update.com has address 83.138.187.18

So, i'd say yes...