Mail.com and its Userbase Changes Hands for “$50-$100 Million”

[the_poet]

Jay Penske owner of the California based Mail.com Media Corporation (MMC) recently sold the Mail.com domain name and its 14 million users to United Internet AG, a huge German telecom and ISP. The deal has been called a “strategic partnership” in which Mail.com e-mail accounts will still be handled by MMC on it’s platform until eventually being transferred to GMXMail, a subsidiary of United Internet AG.

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[Name Trader]

Does that include all the other domains that mail.com uses for email?

 

[the_poet]

I'm not sure about this, but I think the transaction involves the whole business.

 

[HyperWatch]

For 14 Million Mail Accounts, If Mail.com is selling entire stake at this price range, can this be called a Distress Sale?

Mail.com Media - Wikipedia, the free encyclopedia

 

[nicedomains]

For clarification, the sale is only for the domain Mail.com and the e-mail side of the business. None of Penske's other virtual properties are part of this sale. MMC will handle the e-mail accounts until they are eventually transferred to GMXMail, a subsidiary of United Internet AG. After the e-mail accounts are integrated into the GMX platform, users will still be able to use their @mail.com addresses.

Thanks Giuseppe for citing my article!

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[zyzzle]

Wow I'm bummed!

I have used / use Mail.com for many years - consider it a pain with the incessant banner ads [ on the free accts.] BUT much easier to find/wade thru massive emails than nasty hotmail. . .

But I'm bummed to learn this -- b/c United Internet AG is the parent Co. of 1and1 - etc. I think! _\|/_

And I've been trying to avoid *Them* like the plague since transferring all my doms out!!

 

[the_poet]

For clarification, the sale is only for the domain Mail.com and the e-mail side of the business. None of Penske's other virtual properties are part of this sale. MMC will handle the e-mail accounts until they are eventually transferred to GMXMail, a subsidiary of United Internet AG. After the e-mail accounts are integrated into the GMX platform, users will still be able to use their @mail.com addresses.

Thanks Giuseppe for citing my article!

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Hi Mike, you're welcome. Thanks for the clarification!

 

[Name Trader]

So what is going to happen with all those vanity email addresses when the platform upon which they reside, is sold to GMX?