Sex.com sold for $14m

Gary Kremen sells up

In brief Sex.com has been sold for $14m to Boston-based Escom LLC, a report on XBiz reveals.

The former owner, Gary Kremen, did not comment on the sale but a spokesman from his company, Grant Media, said "sales for the famous domain name will still be handled through Grant Media's San Francisco offices".

XBiz notes that Kremen has been thinking about getting out of the "adult business" and offloading sex.com for the past year or so. ®

Sponsored: Network DDoS protection