ICAP Patent Brokerage, a division of ICAP PLC, who claims to be the the “world’s largest intellectual property brokerage firm” is offering for auction the domain name patents.com.
The lot being sold by Patents.com LLC will be included in the 16th ICAP Ocean Tomo IP Auction on July 26, 2012, at the Julia Morgan Ballroom in San Francisco, California. The starting bid will be $2,500,000
“We are excited to be offering this portfolio to our global base of buyers,” says Dean Becker, CEO ICAP Patent Brokerage and ICAP Ocean Tomo auctions.
“This asset for sale provides a unique opportunity to own one of the most valuable domain names on the web. ”
“The prices paid for domain names have risen steadily as the worldwide usage of the internet has grown exponentially. Comparable recent domain name sales include insure.com ($16m), diamond.com ($7.5m), toys.com ($5.1m), and fund.com ($10m). For a full list of the highest domain sales visit:
“Internet users searched on Google for “patent” 6.1m times per month; this is the premier domain name for the most valuable category of intellectual property.”