10/12/2009

Insure.com Domain Name Sells For $16 Million To QuinStreet

Domain News reports that Insure.com has sold for $16 million to QuinStreet.  QuinStreet is a vertical media and online marketing company located in Foster City, CA.  This sale is the largest publically reported domain name sale of the year and is an indicator that the domain name economy may be showing signs of a turn around. 

The transaction requires QuinStreet to submit an initial payment of $15 million in cash and a $1 million payment in 365 days.  Domain News reports that QuinStreet has been in the market for generic .com domain names in the past, and the company recently paid $18 million for a portfolio of names under the internet.com brand.

If you have a generic top-level domain name that you would like to sell, please contact one of our expert domain name attorneys today. We can help you structure the deal, provide you with domain name transfer agreements, and help you negotiate with the purchaser.

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Cybersquatting: 'How To' Resources

  • Anticybersquatting Consumer Protection Act - Wikipedia
    The Anticybersquatting Consumer Protection Act (also known as Truth in Domain Names Act), a United States federal law enacted in 1999, is part of A bill to amend the provisions of title 17, United States Code, and the Communications Act of 1934, relating to copyright licensing and carriage of broadcast signals by satellite (S. 1948). It makes people who register domain names that are either trademarks or individual's names with the sole intent of selling the rights of the domain name to the trademark holder or individual for a profit liable to civil action.
  • Typosquatting - Wikipedia
    Typosquatting, also called URL hijacking, is a form of cybersquatting which relies on mistakes such as typographical errors made by Internet users when inputting a website address into a web browser. Should a user accidentally enter an incorrect website address, they may be led to an alternative website owned by a cybersquatter.
  • Reverse Domain Hijacking - Wikipedia
    The term reverse domain hijacking refers to the practice of inequitably unseating domain name registrants by accusing them of violating weak or non-existent trademarks related to the domain name.
  • Uniform DomainName DisputeResolution Policy - Wikipedia
    The Uniform Domain-Name Dispute-Resolution Policy (UDRP) is a process established by the Internet Corporation for Assigned Names and Numbers (ICANN) for the resolution of disputes regarding the registration of internet domain names. The UDRP policy currently applies to all .biz, .com, .info, .name, .net, and .org top-level domains, and some country code top-level domains.
  • Cybersquatting - Wikipedia
    Cybersquatting, according to the United States federal law known as the Anticybersquatting Consumer Protection Act, is registering, trafficking in, or using a domain name with bad-faith intent to profit from the goodwill of a trademark belonging to someone else.

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