05 May '11, 12am

Trio of Six-Figure Sales Spearhead Another Solid Week For the Domain Market: The new weekly domain sales report

Three six-figure sales and rumors of a pair of seven-figure blockbusters headline the past week's activity in the domain aftermarket. Let's get the rumored sales out of the way first. Actually, one of those - the sale of iCloud.com to Apple Computer - has now been completed. Unfortunately, Apple and the seller (Swedish company Xcerion ) have declined to confirm the rumored price of "about $4.5 million " cited by the GigaOM.com , who was the first to report Apple had acquired the name. The second pending blockbuster deal involves Gambling.com which has reportedly been sold by Media Corp. to an unidentified buyer for £1.5 Million (a little over $2.47 million at today's exchange rate) in a deal brokered by Sedo . However, that transaction has not closed yet (Sedo told me today that some escrow payments still have to be paid) and the domain continues to lead to Media Corp's ex...

Full article: http://www.dnjournal.com/archive/domainsales/2011/2011051...

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