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Sedo Purchases GreatDomains.com Website for Over $2 million

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Tim Schumacher of Sedo announced yesterday the purchase of the GreatDomains.com website from VeriSign. GreatDomains is one of Sedo’s largest after market domain sales competitors. DomainTools says the company was purchased by VeriSign in 2000 for $50,000,000 during the dot com bubble and that they have now sold it for an estimated $2,200,000.

Sedo plans to use GreatDomains as a premium domain marketplace, strictly high value names. They will be introducing new features such as live monthly auctions to compete with Moniker.

You can apply for premium auction listings on GreatDomains:

The next auction event starts Jul 19, 2007.
Applications for this event are accepted until Jul 18, 2007.

Login to your Sedo account and select “Domain Management” Check the box next to your premium value domain names you would like to submit, then use the new drop down box option on the bottom of the page entitled “Apply for Premium Auction.”

GreatDomains Premium Auction

About Mark Fulton

Mark is a full time web developer, domain investor, entrepreneur and blogger residing on the coast of North Carolina, USA. Are you a web professional or interested in domains and online business? Please connect with Mark on Twitter and on Facebook to interact and stay up to date on the latest resources from DotSauce Magazine!

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