Subscribe to RSS Feed

12|11|2012 11:32 am EDT

Investing.com sells for $2.45 Million USD

by Frank Michlick in Categories: Domain Sales

Media company investing in .com – investing.com
Investing.com (Screenshot)

As reported by TechCrunch Investing.com was bought for $2.45 Million USD by Virgin Island based Forexpros/Fusion Media Ltd.

As TechCrunch writes, with the purchase, Forexpros will today launch a global financial portal under the Investing.com URL, where it plans to offer a free resource for novice and semi-professional traders and investors to find realtime quotes and charts, breaking news, financial tools, technical analysis and calendars.

The last snapshot of the site by Archive.org shows that in February of 2011 the site was just an under construction page. ForexPros was launched in 2007 and employs 70 people world wide. Now the site has been rebranded to Investing.com and the domain name ForexPros.com redirects to Investing.com.

[Hat tip to George Kirkos and Donna Mahony]

Tags: , , ,

3 Comments

Jay

December 11, 2012 @ 12:37 pm EDT

Was it pure domain sale or developed website/business sale?

Frank Michlick

December 11, 2012 @ 1:18 pm EDT

It appears that this information wasn’t disclosed. But considering that the buyer did not continue to use the previous site but instead renamed their existing site, I think that the site was not included.

Mike

December 12, 2012 @ 10:10 am EDT

I was thinking the same thing, but with a domain like Investing.com it could be either IMO

RSS feed for comments on this post · TrackBack URI

Leave a Reply