CGM.com Domain Name Sells for $365,000

[the_poet]

After a few weeks of not reporting any major domain name sales (and one that go away), Sedo came through big time this week. Highlighting the list is CGM.com, which the company brokered for a whopping $365,000. The new whois record for the domain name is for Compugroup, a large European e-health company with nearly 300 million EUR in annual sales.

The domain marketplace turned in another six figure sale with Bright.com going for $112,500. The buyer of this domain has incomplete whois information including a bogus phone number. But the address is for a San Francisco building with a number of tenants.

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[ezimedia]

HI

Wow a lot for a 3 letter .com but then again it good for the buyer.

Tom

 

[kemjika11]

llls! what can i say!

 

[ShangTsung]

Compu Group Medical

 

[AMAJ]

Compu Group Medical

Good purchase for them.

 

[DN BROKER]

very nice sell, just goes to show you when end users want something they will pay!

 

[Archangel]

This is saner than the chery.com sale :p

 

[ComKid]

Here is the reason behind why CGM.com sold for so much.

Diabetes Monitor - Diabetes Monitor - Continuous Glucose*monitoring

Continuous Glucose Monitoring (CGM) is a huge step and next to the final step, not including stem cells, to pancreas imitation for people with diabetes.

My daughter has had type 1 diabetes (pancreas does not make insulin anymore) since she was 3 and we just ordered an insulin pump with CGM capability for her and they are not cheap ($6000 per).

Of course with all the studying my wife and I have been doing selecting the right pump, I have been watching this domain name closely! Especially this past couple weeks. This past Friday was the last time I researched the name and wondered if I could get it for maybe.... a few hundo's. :lol:

 

[DN BROKER]

This is saner than the chery.com sale :p

indeed