Report: Internet Brands Acquired for $640 Million
TechCrunch is reporting that publicly traded Internet Brands has been acquired by a private equity company for well over a half a billion dollars. The reason this is significant is that Internet Brands is a company that operates a number of websites on great generic domain names.
Some of Internet Brands’ websites include:
- Autos.com
- Gardens.com
- KidsCamps.com
- Loan.com
- VacationHomes.com
I am not sure if there is a relationship with NameMedia, but as you can see by the page title on the Advertise page of Gardens.com, there appears to be a relationship between Internet Brands and Namemedia: “Advertising with the NameMedia Gardening Network.” I’ve reached out to NameMedia for more information on this relationship. However, according to the Whois database, Gardens.com is registered to Internet Brands, so perhaps NameMedia sold it (along with DavesGarden.com) and the Advertise page is outdated.
Internet Brands was founded in 1998 as CarsDirect.com, and as a result of the success with that brand, the company transitioned “from a single vertical to a diversified, platform company that would scale much larger.” You can learn more about the company on its about us page.
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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.Reach out to Elliot: Twitter | Google + | Facebook | Email
Adi
Diversify, diversify ,diversify š
My domain and internet business is very small but I still try to cover a few areas with few different ideas.
Kevin
They’ve got a fantastic and diverse network of sites. Quite a buy at only $640 Mil, considering some of the top keywords in the mix.