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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.
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.
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Domain data courtesy of DomainIQ.
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.
