The last couple weeks have been filled with lots of action in the domain name world. Let’s get started:
Microsoft finally bought the domain name Office.com this week. The purchase price won’t be released publicly. Even amidst the speculation that the name sold $5-$15 million range, this probably isn’t the case. It’s very likely the name only cost Microsoft between $750K – $2 million. I understand they now only use third parties to acquire the domains. That means the seller could only guess if Microsoft was actually behind the acquisition. I think Microsoft probably waited the buyer out for years. They have surely wanted the domain and probably had negotiations in the past. Now that global business is being affected by the recession people are liquidating speculative assets. MS saw a great time to move in on the domain and were masked behind a third party to assure they get it at the cheapest price. Just my guess 😉
A high profile domain name heist harvests the first ever arrest for the crime of stealing a domain name. Daniel Gonclaves a 25 year old male from New Jersey, was arrested this week for stealing the domain name p2p.com from Albert and Leslie Angel. After hacking the Angel’s AOL account he gained access to their godaddy account by requesting a password change thru the godaddy support system. He gained access to the domain, then sold the p2p.com on eBay for $111,000.
.Co.uk outperforms .Com in Q2, 2009. V3.co.uk reports that according to sedo, .co.uk domain names averaged a higher price than .com domain names in Q2, 2009. That marks the first time ever .co.uk marked a higher average than .com. This may signal that locals are gaining more confidence in running businesses on their respective ccTLD’s.
Top weekly domain sales: Server.com sold for $770K and Jesus.net sold for $124K! As reported by DNJournal. These top reported sales of the week were both delivered thru Sedo.com marketplace.