sales Chinese Consortium Acquires Media.Net For $900 Million in 3rd Largest Ever AdTech Deal

[News]

AdTech pioneer Media.net, has been acquired by a Chinese consortium from serial internet entrepreneur Divyank Turakhia’s Starbuster TMT Investments in an all-cash transaction of $900 million.

Media.net is a large, growing and profitable business with annual revenues of $232 million. It currently manages more than $450 million of annual advertising revenue via its platform, more than 50% of which is generated from mobile users.

Media.net will continue to operate under Turakhia and its current management team and retain the business model and culture. The company expects to see opportunities to grow from the new customer base. Additionally, access to China capital markets will provide it with opportunities to grow organically and to acquire businesses, including in the US and China...

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[vola]

Who owns the Media.com domain? It seems to be used in a redirect to an arabic forum! Going to be worth more than a million now...

 

[domeen]

Who owns the Media.com domain? It seems to be used in a redirect to an arabic forum! Going to be worth more than a million now...

elequa

 

[Akos123]

Who owns the Media.com domain? It seems to be used in a redirect to an arabic forum! Going to be worth more than a million now...

Yes, probably a couple million. However, Media.net sold for such a high price because of the business behind it and not the domain itself. The domain Media.net would possibly be 'only' worth a few hundred thousand.