CyberSecurity.com Acquired by Adam Strong
2014 was a big year for Adam Strong. His company sold the high profile domain names Racing.com and BTC.com, and he also privately acquired quite a few keyword domain names, such as Strong.com.
In May of 2014, John Daly of NameConnect.com was brokering CyberSecurity.com in his domain sales newsletter. The domain name was listed for sale with a $400,000 price tag, and the price was reduced in September. I was monitoring the Whois information for this domain name, and I saw that Adam’s company made the acquisition.
I caught up with Adam at NamesCon, and I asked him if he bought the domain name for the listing price, but he declined to share that information due to a non-disclosure agreement. I would bet this was a six figure acquisition though.
Commenting on the purchase, Adam told me, “I made some good sales last year and I was looking to work on something new. The timing was perfect to reinvest my profits in a domain name of this quality.”
Cyber security has been one of the most important buzz terms of the last several years. There have been quite a few high profile hacking and security incidents recently, and companies are ramping up their cyber security budgets. I am surprised that a company in that space didn’t buy this domain name when they had the chance.
Adam mentioned that he doesn’t have firm plans for CyberSecurity.com yet. “I’ve already received interests in the domain, and I am in talks with a couple groups about development opportunities,” he told me. Of course, resale is also an option.
I’ll keep my eye on this domain name and see what comes of it. My guess is that the name will eventually be sold to a company that specializes in cybersecurity, but we shall see.
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