A Company that understands a generic domains value! DataRecovery.com Sells for US$1.7 Million
This just in from www.domainnamewire.com
It is great to see more and more companies spending money on quality generic domains that are targeted to the products and services they own.
” [Updated 9:49AM CST] ESS Data Recovery has purchased the domain name DataRecovery.com for $1.659 million, confirms company President Ben Carmitchel.
The sale marks the biggest reported sale of the year and shows the promise of a targeted, generic domain name.
The seller is competitor Associated Computers, Inc. of Minnesota. Carmitchel confirmed that the transfer took place on February 1, 2008.
In a phone interview this morning, Carmitchel said he’s been working on buying the domain for a long time.
“I’ve been working on it for 5 or 6 years,” said Carmitchel. “I’ve known [the previous owner] for a long time. He wanted to sell it but he wouldn’t let it go for chump change.”
Andrew | Mar 1, 2008 | Reply
I updated the article after interviewing the president of the company…