Escom Sells Sex.com with Sedo for Record $13 Million

CAMBRIDGE, Mass.--()--Sedo, the online domain specialist today announced the sale of the domain name Sex.com for a record $13 million. The sale was brokered by one of Sedo’s senior domain brokers, Jeff Gabriel, who conducted a three-month search for a buyer on behalf of Escom in accordance with an order issued by the United States Bankruptcy Court for the Central District of California.

“We are very pleased with the fact that the bankruptcy process provided a basis for the sale of the domain free and clear of all creditor liens, which has now yielded this record breaking price,” stated Del Anthony, CEO and president of Escom.

“It is very rare when a domain name of this quality and value becomes available, and we are delighted that Sedo was involved in this historic event. To our knowledge, this sale represents the single largest recorded price paid for a domain name in the history of the Internet,” said Jeff Gabriel, senior domain broker, Sedo.

Escom acquired the domain in 2006 for a then record $11.5 million. Sedo’s recent $13 million sale of Sex.com now holds the record as the largest domain sale to date, which further demonstrates the continued demand for premium domains and the increasing value of Sex.com.

About Sedo

Sedo, an acronym for "Search Engine for Domain Offers," is the leading domain marketplace and monetization provider. Headquartered in Cambridge, Mass., Sedo has assembled the world's largest database of domain names for sale, with more than 16 million listings. The success of Sedo's model has attracted a global membership base of more than 1 million domain professionals.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6517130&lang=en

Contacts

Escom
Del Anthony
del@escomllc.com
or
fama PR for Sedo
Eleanor Crow, 617-758-4143
sedo@famapr.com

Release Summary

Sedo, the online domain specialist today announced the sale of the domain name Sex.com for a record $13 million.

Contacts

Escom
Del Anthony
del@escomllc.com
or
fama PR for Sedo
Eleanor Crow, 617-758-4143
sedo@famapr.com