James Iles

Outcome Health Acquires Outcome.com After Raising $500 Million

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By James Iles, May 31, 2017
  1. James Iles

    James Iles NamePros Writer PRO Business Account VIP Trusted Blogger

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    Recently, Outcome Health raised $500 million through a series A funding round that valued the company at $5 billion. According to Bloomberg, Outcome Health will use the money to invest in promising healthcare startups. However, it seems that the company have used some of their funds to acquire the domain Outcome.com.

    outcome.jpg
    Having rebranded from ContextMedia to Outcome Health, the company spent $3,488 to acquire OutcomeHealth.com from the BuyDomains marketplace and the name was subsequently used to host Outcome Health's corporate website.

    Within the past couple of weeks, it looks as though Outcome Health managed to acquire the one-word domain Outcome.com from QuintilesIMS, a multinational health-industry corporation with around thirty-five thousand employees. According to Wikipedia, the Fortune 500 company posted revenues of $4.2 billion in 2014.

    Outcome.com was previously owned by Outcome Sciences, and the domain name became the property of QuintilesIMS after Outcome Sciences was acquired by QuintilesIMS in 2011.

    To acquire such a valuable one-word .COM domain from a multi-billion dollar corporation is an impressive feat that likely required a high six or seven figure budget. NamePros has asked both companies for more information on this deal, but we have yet to receive a reply.

    Since QuintilesIMS is a publicly traded company, it's possible that the domain sale may be listed in a future SEC filing.

    Congratulations to Outcome Health on this upgrade.

    --

    Domain data courtesy of DomainIQ.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
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  4. James Iles

    About The Author — James Iles

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

    This is James Iles's 392nd blog post on NamePros. View all blog posts

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  5. Comments (6)

  6. keston57

    keston57 Established Member

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    Many thanks to you, James for an excellent post.
     
  7. CACTUS CROC

    CACTUS CROC Cactus Croc | buy | invest Business Account

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    Thank you for sharing great article!!
     
  8. Raymond C

    Raymond C Established Member

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    Fantastic post! Congratulations to all parties....great prospects in domain investment.....
     
  9. elevator

    elevator Active Member VIP

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    Nice venture. Thanks James.
     
  10. SellDomains.site

    SellDomains.site Active Member

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    Thanks for Sharing .
     
  11. Rhythm8

    Rhythm8 Established Member ★★★★★★★★★★

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    downgrade imho

    outcome.com

    vs

    outcome.health
     
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