NameSilo
James Iles

ICE.com Purchased By Intercontinental Exchange

Views:
1,759
Comments:
6
By James Iles, Jul 18, 2018
  1. James Iles

    James Iles NamePros Writer PRO Gold Account VIP Trusted Blogger

    Posts:
    1,378
    Likes Received:
    11,298
    Yesterday, the news broke that the three-letter domain name Ice.com was sold in a deal brokered by @Brian Harbin and David Clements (@davidclements) of Brannan's. At the time of the news breaking, the buyer's identity remained a secret, but it was known that the buyer, represented by Clements, agreed to purchase the domain name for the full asking price within hours.

    As of writing, the domain name still remains under privacy protection at Network Solutions, but the domain name itself has started to redirect to TheIce.com, the home of Intercontinental Exchange. This would lead us to believe that Intercontinental Exchange was the buyer in this deal.

    Intercontinental Exchange is an Atlanta-based company that operates twenty-three regulated exchanges and marketplaces including the NYSE, which it purchased in a deal valued at $11 billion in 2012. According to Wikipedia, the company had an operating income of $2.38 billion in 2017 with total assets valued at $78.26 billion.

    The $3.5 million purchase of Ice.com domain name, a very small fee in relation to the company's total asset valuation, will likely become an upgrade from Intercontinental Exchange's TheIce.com domain name.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Next Article
    Top Topics: What Will the Industry Be Like in 10 Years?; How Domaining Changed My Life...
    Previous Article
    Breaking: ICE.com Sells for $3.5 Million!
  3. Loading...
  4. James Iles

    About The Author — James Iles

    Writer for NamePros.com. For all inquiries relating to stories and interviews, please email: [email protected]

    This is James Iles's 558th blog post on NamePros. View all blog posts

    Home Page:
    http://twitter.com/jamesiles
    Actions:
    Follow
  5. Comments (6)

  6. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,220
    Likes Received:
    4,564
  7. TERADOMAIN

    TERADOMAIN Upgraded Member Gold Account VIP

    Posts:
    3,710
    Likes Received:
    6,523
  8. White Fang

    White Fang CustomerService.com Gold Account ★★★★★★★★★★

    Posts:
    41
    Likes Received:
    12
    Didn't Blue Nile jewelers own this name in the past?
     
  9. OmarVG

    OmarVG Active Member VIP

    Posts:
    1,776
    Likes Received:
    1,138
    I don't understand why both, the seller and buyer hired some "brokers" to close the deal??

    In this particularly deal it seems that was closed within hours, because buyer agreed to pay full asking price very easy without any hard negotiation between parties.

    Now both, the seller and buyer must pay a million dollar sale commission for any effort from the "brokers".

    Moral: Don't hire "brokers", do your own negotiations and save a Massive amount of Money!!!
     
  10. Keith

    Keith Top Member VIP ★★★★★★★★★★

    Posts:
    7,763
    Likes Received:
    6,627
    In this instance the brokers earned their money. The sale wouldn’t have happened without them...
     
  11. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

    Posts:
    20,315
    Likes Received:
    20,281
    Sometimes buyers use a broker to withhold their identity, for fear that the owner of the domain would jack up the price based on the end user financials.
     
Lysted
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...