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100,000 Domains Sold for $164 Million

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."

3 of 287 comments (clear)

  1. brains! by Anonymous Coward · · Score: -1, Offtopic

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  2. first? by Anonymous Coward · · Score: -1, Offtopic

    first?

  3. btdbtdbtdbtd@gmail.com by Anonymous Coward · · Score: -1, Offtopic