Internet.com Network Sold for $18 Million

[EG.domains]

Source: elliotsblog

Publicly traded WebMediaBrands, Inc. reported the sale of its Internet.com division for $18,000,000 to QuinStreet, Inc, in an all cash deal that is pending approval from the WMB board of directors. The Internet.com Network is comprised of many different brands focusing on developers, IT, Internet news, personal technology and small business.


Internet.com brands that are also presumably included in the deal are BlackberryGuide.com, InternetNews.com, DatabaseJournal.com, WebDeveloper.com, JavaScript.com, Developer.com, and many others.

 

[tekz999]

Good sale, who go to internet.com to read news nowadays?

 

[Anthony Ng]

Internet.com has been totally out of sync for the last 10 years or so. It's sad that they could have done it way much better. To be frank, $18 million is quite an insult, but they deserve it. A very good buy for the buyer, which is only possible during a recession.

 

[Sonny Banks]

Another good transaction (a bargain for the buyer).
This domain summer is super hot.

 

[stewie]

Congrats, nice :yo:

 

[Gerry]

some very HOT names in there (and a brand or two?).

 

[Theo]

What's the big fuss, it's not the Internet, it's "Information Superhighway"

 

[mibworld]

Good deal for the buyer. Nice brands included like JavaScript.com and Developer.com.

 

[james2002]

I think internet.com domain alone will be worth many million dollars. Also developer.com will be also worth a lot.

Bargain for the buyer.