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06|19|2007 08:48 am EDT

Sedo buys GreatDomains

by Frank Michlick in Categories: Domain Aftermarket, Editorial

GreatDomains LogoAs per our Up to the Minute news item Sedo announced the purchase of GreatDomains from Verisign this morning. The company hopes to use this move to strengthen their position in North America. While probably Great Domains might not play as much of a huge role in today’s market place from the viewpoint of most domainers, I consider this a significant move. Sedo is part of the United Internet group, a public company in Germany, which also owns hosting giant 1&1. To me this move underlines that Sedo is serious about becoming an even bigger player in the international markets and that they are willing and able to pay the cash it takes to get there.

GreatDomains was originally bought by Verisign in October of 2000 for a rumored 50-80 million – most likely the original deal was more in the 50 million range. Sedo is said to have under 100 Million for this deal (I would hope that the price was quite a bit lower than that).

[Update]: According to a speech held this morning by Sedo Chief Strategy Office Matt Bentley at the Sedo Pro Partner Forum, the intention is to run monthly auctions for high value domains on the GreatDomains site. The site will also be used in order to further promote high value domains to other industries.

[Update2]: Ulrich Essman says: The first domain auctions will start on July 19th.

[via Email/Press Release]

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7 Comments

[…] Sedo buys GreatDomains […]

Sedo compra GreatDomains

June 20, 2007 @ 10:56 am EDT

[…] hay datos financieros acerca de la adquisición, aunque algunos dicen que podría ser sobre los 100 millones de dólares. Eso si confirma claramente el interés de […]

Frank Michlick

June 21, 2007 @ 1:58 am EDT

My take would be, that this deal would have hopefully been in the single digit million range and under $3 Million USD.

2w.com

June 21, 2007 @ 3:10 am EDT

hi greetings ,

would u b 1 of those ““ white mouses ””’
to submit some of your great domains // best domains
into this first sedo-powerred live only-on-lines-auction of the revamped greatdomains’s ,
in ordre to test it anew ??

i’d rather prefer2wait n c[see];–^),

cheers , 2w

2w.com

June 21, 2007 @ 4:27 am EDT

hi again ,

google’s been being completly 1000.000 % down here in hk or china e.t.c.

may be they too successful , so that there’r too many red-eyes;–^), including me
2w

2w.com

June 21, 2007 @ 5:15 am EDT

hi google’s just come back ,
down for over 1 hour , cheers , 2w

[…] is some pretty incredible stuff going on over at Sedo. To begin, Sedo announced this week that they acquired Great Domains, positioning them to take a bigger chunk of the international market and opening the door to run […]

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