Elliot's Blog » internetnews.com http://www.elliotsblog.com Domain blog featuring domain investing strategy, domain valuation, and domain development commentary from Elliot Silver, founder of Top Notch Domains, LLC. Thu, 09 Feb 2012 20:23:26 +0000 en hourly 1 Internet.com Network Sold for $18 Million http://www.elliotsblog.com/internet-com-related-assets-sold-for-18-million-87363 http://www.elliotsblog.com/internet-com-related-assets-sold-for-18-million-87363#comments Mon, 10 Aug 2009 13:24:57 +0000 Elliot Silver http://www.elliotsblog.com/internet-com-related-assets-sold-for-18-million Internet.com Sold for $18 MillionPublicly 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. Each of these brands operates on its own website under the Internet.com umbrella.

According to AboutUs.org, QuinStreet is “an online performance marketing company helps businesses target their would-be customer audiences by using its proprietary technologies and media reach to generate sales leads.” Owning the Internet.com brand will enable the company to continue expand its online presence, reaching the estimated 15 million unique visitors who visit the Internet.com Network. Owning the Internet.com brand will be a powerful marketing tool.

WebMediaBrands will continue to operate MediaBistro and the Graphics.com Network, among other brands.

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