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 domain name Patents.com, has been on the domain market before at a Moniker.com auction with a reserve range of $1M-$5M and at DomainFest.com with a reserve price of $5M or more.
“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:
http://www.domaining.com/topsales.
“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.”
Sorry, but I don´t see a name like this sell for anything near $2.5 million. Cut the pricetag by $2 million and start the bidding at $500,000. That way they MAY have a chance.
And where do they get 6.1mill searches from? Google lists “Patents” at 1.1million searches (BROAD) and 49,500 (exact) globally. “Patent” gets 5mill (broad) and 165,000 exact, globally!
They need to get their numbers straight and stop pulling peoples legs.
in today’s patents’ war, this name may have a very high value
Why would they be selling it if they are in the biz?
This is yet another failed scam from Mike Zappy Zapolin and Peter Hubshman, they still owe me hundreds of thousands of dollars from another scam of theirs according to the judges order and clear contracts, despite their disgraceful lying. I will raid them and sue them forever til they pay up of course if you know me. Its charity money after all. I wonder how much investor fraud and loss is on this deal. I think Rob Monster is in on this one too, dont get me started.
http://www.dnjournal.com/cover/2005/september.htm
Need disclaimer- “Patents aren’t included”
The best buy in patents is here
http://www.alcatel-lucent.com/wps/portal/!ut/p/kcxml/04_Sj9SPykssy0xPLMnMz0vM0Y_QjzKLd4x3tXDUL8h2VAQAURh_Yw!!?LMSG_CABINET=Docs_and_Resource_Ctr&LMSG_CONTENT_FILE=News_Releases_2012/News_Article_002587.xml
Before Apple snaps them all up since they are patents on everything inside the iPhone as well as the 4G that makes it possible
Here is Owen’s link again:
Alcatel-Lucent Innovates to Extract Value from Its World-class Patent Portfolio
Nice article – thanx, @owen!
I had dealings with Dean Becker and ICAP in 2006, re: one of my
domains. The ICAP patent auctions are very good for liquidating
patents quickly, but they don’t have much of a track record with
domain IP sales.
That said, if ever a domain was to sell successfully at a high price,
to a crowd of patent buyers, then I guess it would be patents.com.
I think the pricing on the domain is optimistic, but possible. Dean
Becker knows well enough that there are some big money players
in the patent market, like Intellectual Ventures, and bidding could
get quite intense on a web name like this.