Information About XM.com Acquisition

The Wall Street Journal posted a press release[1] this morning announcing the private acquisition of the XM.com domain name. According to the article, “Internationally acknowledged financial Institution Trading Point of Financial Instruments Ltd has recently announced the successful acquisition of the prestigious two-letter domain name XM.COM as the short name for XEMarkets for an undisclosed amount.”

Although the purchase price for the domain name wasn’t announced by  the buyer or seller, past marketing of this domain name may shed some light on the acquisition cost for us.

In March and April, Frank Aiello, formerly of Domain Holdings[2], announced in his newsletter that XM.com was for sale with a price of $220,000. The domain name was mentioned in several newsletters, and the price doesn’t appear to have wavered  from its $220,000 asking price. The transaction appears to have occurred at the end of April[3].

Although we don’t know the official purchase price of the domain name, it’s a great asset for this company.

** Update **

I was told that Domain Holdings was not involved in the sale of this domain name.

Thanks to Bill Sweetman of Name Ninja[4] for sharing this with me.

References

  1. ^ posted a press release (online.wsj.com)
  2. ^ Domain Holdings (www.domainholdings.com)
  3. ^ at the end of April (www.domaintools.com)
  4. ^ Name Ninja (www.nameninja.com)

Source URL: Read More
The public content above was dynamically discovered – by graded relevancy to this site’s keyword domain name. Such discovery was by systematic attempts to filter for “Creative Commons“ re-use licensing and/or by Press Release distributions. “Source URL” states the content’s owner and/or publisher. When possible, this site references the content above to generate its value-add, the dynamic sentimental analysis below, which allows us to research global sentiments across a multitude of topics related to this site’s specific keyword domain name. Additionally, when possible, this site references the content above to provide on-demand (multilingual) translations and/or to power its “Read Article to Me” feature, which reads the content aloud to visitors. Where applicable, this site also auto-generates a “References” section, which appends the content above by listing all mentioned links. Views expressed in the content above are solely those of the author(s). We do not endorse, offer to sell, promote, recommend, or, otherwise, make any statement about the content above. We reference the content above for your “reading” entertainment purposes only. Review “DMCA & Terms”, at the bottom of this site, for terms of your access and use as well as for applicable DMCA take-down request.

1 2

Share