Feeds

Unlucky for some: Sex.com sold for $13m

California bankruptcy court orders sale

Top 5 reasons to deploy VMware with Tegile

Sex.com has been officially bought for $13m, after its skint owner Escom sold the domain through a deal brokered by Sedo, following an order issued by the US Bankruptcy Court in California.

Escom purchased Sex.com in 2006 for $12m plus $2m in equity, and the company had been hoping the sale of the domain via online auction house Sedo would attract $20m from a buyer.

But Escom clearly lacked the required wiggle room to grab its desired price tag.

“The process was finalised more quickly than usually expected for a high quality domain name, with the sale taking just three months to complete as opposed to the average of a year,” explained Sedo in a statement.

Still, the sale of Sex.com to new owner Clover Holdings Ltd has firmly placed the domain name in the record books, noted Sedo.

It said Sex.com knocked Slots.com, which was sold for $5.5m, off the 2010 top 10 list of most expensive domain name sales.

Unsurprisingly Sex.com, the history of which is riddled with more dramatic twists than Debbie Does Dallas, holds the record as the highest value domain sale to date. ®

Beginner's guide to SSL certificates

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.