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Sex.com Sells

It has been reported by xbiz, the industry source, that the controversial domain name sex.com has been officially sold for $14 Million Dollars.
While other terms of the acquisition remain unknown, XBiz was able to locate information on the deal through a company called InternetRealEstate.com, which shares office space in Boston with Domain Name Acquisition Group (DNAG), a company that was involved in a lawsuit surrounding the Sex.com domain in September.

InternetRealEstate.com is owned by Internet Real Estate Group LLC Partners, which has been involved in the acquisition, development and sale of domain names like Beer.com for $7 million, Telephone.com for $2 million, Shop.com for $3.5 million, and others such as Computer.com, College.com, Diamond.com, Timeshares.com and CreditCard.com.
The market for generic domain names has been up and down, but it should come as no surprise that sex sells.
Posted by abnu on Thursday, January 19, 2006 @ 10:53 AM [ + ]

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