Circuit City Trademark & Domain Sale Approved

According to an article published in this morning’s Boston Globe, Systemax will purchase Circuit City, its trademarks and domain names for $14 million, in a deal approved by the court overseeing the Circuit City bankruptcy. I presume this means that Systemax, a computer and electronics sales company, will begin to operate and re-open the Circuit City website.

Last year, this same company purchased the rights to CompUSA’s trademarks, some stores, and its domain names. Presently, CompUSA has a large web presence, including some consumer electronics not associated with computers (televisions, GPS…etc).

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