: The largest domain transaction of all time
The largest domain transaction of all time was announced last week. Seattle based Marchex, Inc., said they have reached an agreement to buy a portfolio containing around 100,000 domains from Name Development Limited in a deal worth just over $164 million! Name Development Limited appears to be a corporate entity holding domains owned by Yun Ye's Ultimate Search, a company that registers expired domain names and sells the traffic to pay per click search engines, namely Overture. Marchex estimates that the online traffic to be more than 17 million unique visitors per month in October 2004.
Posted under Domain Registration on December 02, 2004.
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