Information About XM.com Acquisition | DomainInvesting.com
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Information About XM.com Acquisition

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The Wall Street Journal posted a press release this morning announcing the private acquisition of the XM.com domain name. According to the article, “Internationally acknowledged financial Institution Trading Point of Financial Instruments Ltd has recently announced the successful acquisition of the prestigious two-letter domain name XM.COM as the short name for XEMarkets for an undisclosed amount.”

Although the purchase price for the domain name wasn’t announced by the buyer or seller, past marketing of this domain name may shed some light on the acquisition cost for us.

In March and April, Frank Aiello, formerly of Domain Holdings, announced in his newsletter that XM.com was for sale with a price of $220,000. The domain name was mentioned in several newsletters, and the price doesn’t appear to have wavered from its $220,000 asking price. The transaction appears to have occurred at the end of April.

Although we don’t know the official purchase price of the domain name, it’s a great asset for this company.

** Update **

I was told that Domain Holdings was not involved in the sale of this domain name.

Thanks to Bill Sweetman of Name Ninja for sharing this with me.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (30)

    Raman

    We should hope that the real sale price could be nearly $2 millions.

    June 22nd, 2013 at 9:08 am

    Hijacked

    According to my sources the name was hijacked many years ago, was in litigation at some point too. I wouldn’t touch it with a stick.

    June 22nd, 2013 at 9:56 am

      Elliot Silver

      Any links to the legal action? What came of it?

      June 22nd, 2013 at 10:08 am
    June 22nd, 2013 at 10:30 am

    Hmm

    If a broker was involved in this sale, I would be very much worried and concern. If claims are true, broker is held liable too.

    June 22nd, 2013 at 11:34 am

    John

    Appears to be a lot of TM’s on the two letter name in various industries. Do they get a TM with it, have a TM or on it or just the domain name? In fact, almost all two letter names I’ve come across have various TM’s on them in various industries. Does that come into play in aftermarket sales often?

    June 22nd, 2013 at 1:13 pm

      Mark

      Two letter marks? Two letter may have billion of meanings. There should be no risk in regards of trademarks, unless the site clearly targets some of it.

      June 22nd, 2013 at 1:26 pm

      Elliot Silver

      Perhaps you should read about the LH.com UDRP and then see who has the domain name now: http://www.domaininvesting.com/lhcom-a-scary-decision

      June 22nd, 2013 at 1:27 pm

      Mark

      @Elliot – You don’t have complete information about LH.com. That domain name was actually sold, even UDRP ended with transfer…

      June 22nd, 2013 at 1:32 pm

      Elliot Silver

      What I know is that LH.com was lost in a UDRP, and then I assume a lawsuit was filed to prevent its transfer.

      Neither you nor I are privy to the details of that and/or a possible settlement.

      Whatever the case is, you said “There should be no risk in regards of trademarks” and that is faulty since there are considerable legal fees associated with a UDRP and subsequent lawsuit.

      June 22nd, 2013 at 1:38 pm

      Adam

      He is right “there should be no risk” but there is risk. In a perfect world

      June 22nd, 2013 at 3:43 pm

      Elliot Silver

      There should be no risk for many things we do in life, but unfortunately, we don’t live in a vacuum, and everything has a risk.

      June 22nd, 2013 at 4:23 pm

    Mark

    New gTLD blocks all two-character marks (domain names), so two-letter dot-com domain names will be pricey and their value will be higher and higher year by year. Only stupid or broke person can sell two-letter dot-com for 6 figure amount.

    June 22nd, 2013 at 1:23 pm

      Elliot Silver

      There are a few better ones on the market for 6 figures… want me to connect you to the brokers (since you think that’s undervalued)? It’s easy to criticize people for selling too cheaply, but if the market was stronger, they wouldn’t have sold for the “lower” prices.

      June 22nd, 2013 at 1:24 pm

      Mark

      @Elliot – Yes, I know there are some others on market for 6 figures… I am not buyer at this point. But I still believe it is stupid to sell it for 6 figure, as its value is much higher. I do understand not all domain holders are willing or able to wait for right buyer to come, but that has nothing to do with the value. It is same as foreclosures in house market. There are plenty of nice houses on market that are good buy, but I am not going to buy them just because there are well priced.

      June 22nd, 2013 at 1:29 pm

      Elliot Silver

      The value is what the market will pay. XM.com was marketed somewhat publicly, and if it was worth more, it would have sold for more. That said, we have no idea what the sale price was.

      June 22nd, 2013 at 1:31 pm

    John

    I’ve recently seen a two letter .com available for hand reg. I double checked it as well as possible marks, which like many ones have various corps in various industries. Weird that it was available.

    June 22nd, 2013 at 1:27 pm

      Elliot Silver

      I am sure it was some sort of error.

      June 22nd, 2013 at 1:27 pm

      Mark

      John – are you talking about .whaterver, not .com, right?

      June 22nd, 2013 at 1:30 pm

      John

      WhoIs has nothing. GoDaddy WhoIs has nothing. I’ve checked a few times past few weeks. Maybe I am doing something wrong in checking? Email me privately. If anything worth writing about why it would be just sitting there if it is available.

      June 22nd, 2013 at 1:32 pm

      John

      Even if it is available I’m not going after it without an attorney opinion and even then it’s the buyer of it who would be paying legal fees if anything ever came from it. On the other hand, with just about anyone who could claim it I’d be curious who would have rights to it. May be worth a Q&A post on 2/3 letter domain names in the future.

      June 22nd, 2013 at 1:38 pm

      Elliot Silver

      There aren’t any 2 or 3 letter .COM domain names available to hand register. That boat left well over 10 years ago.

      June 22nd, 2013 at 1:40 pm

      John

      Then I am using DomainTools and Dofo incorrectly or the whois is incorrect. It shows available. I’ve never seen it before and I look up names everyday.

      June 22nd, 2013 at 1:44 pm

      Aron

      If a two letter .com expires… it’s dropped and unavailable for registration forever.

      So, there will never be a two letter .com available for registration.

      So… don’t spend too much time tracking this down :)

      Aron

      June 22nd, 2013 at 3:22 pm

      Elliot Silver

      Very interesting – didn’t know that – thanks!

      June 22nd, 2013 at 4:22 pm

      Mark

      @Elliot – another reason why two-letter dot-com are the very special and best of all and why I would never sell it for 6 figure if I am one of the lucky holders…

      June 22nd, 2013 at 7:22 pm

      Elliot Silver

      If you own one and can afford to hold out, more power to you.

      June 22nd, 2013 at 7:24 pm

    John

    Then that is what I am looking at cause it says (deleted and available again)
    But why would a two letter .com not be available to re-register and more importantly how did it go through drop process without anyone picking it up?

    June 22nd, 2013 at 3:25 pm

    Josh

    If the seller got more than $100k+ for XM they did well or at least better than reseller prices. Hey if the end user comes and the number is above reseller, what more do you want. Also the end user may have paid more if you didn’t price it but its a catch 22, maybe the price got their interest, maybe not, who knows. Oh I know wait 20 more years and hope another end user comes along and offers more money. I have personally sold 4 LL.com, there are only so many domain buyers (resellers) who can afford $100k-$200k+ for a very nice combo.

    June 22nd, 2013 at 7:34 pm

    Dave Tyrer

    @Mark,
    “New gTLD blocks all two-character marks (domain names), so two-letter dot-com domain names will be pricey and their value will be higher and higher year by year.”

    Hmmm… I formed the exact opposite opinion. Since 2Ls are prohibited from right of the dot (I think this is reserved for countries) I think 2Ls have lost a little bit of their shine, relatively speaking. Better to buy a good 3L with the option of taking it right of the dot.

    The brand domains are going to be huge.

    Look at General Electric, they are unable to go with .GE and so are going with .GECOMPANY, which I don’t think is an ideal solution. (GE also owns gec.com so I have no idea why they don’t go with .GEC.)

    June 22nd, 2013 at 9:29 pm

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