On June 29, 2015 I had reported the domain name Hum.com had been acquired by a company going by the name of "1877 Holdings LLC" according to whois records. That same company filed an image mark and word mark. The word mark is for an OBD product / service and bares the name of: Hum I have discovered a little bit more information and this has lead me to believe that Verizon Telematics may be the … [Read more...]
Henderson Global Investors Acquires Over 20% Of Minds + Machines: Has £89.4bn assets under management
Henderson Global Investors has acquires over 20% Of the voting shares of Minds + Machines. Since Fred Krueger announced he was leaving the company around 3 weeks ago, his ownership of Minds + Machines has now fallen to under 9%, sitting as of the last announcement at 8.7%. Mr. Krueger owned some 15.9% of the shares of the company before his announcement and so he has sold, a little less than … [Read more...]
A Look At The Domain Sector in The Public Markets
A member on Seeking Alpha put together a very detailed analysis of the domain name sector. Plexor took a look at several publicly traded companies on an individual basis. He then took a look at the sector as a whole. A few companies like Neustar and the smaller new gtld companies were left out. The analysis was done on a Discounted Cash Flow (DCF) basis. From the article: Value opinion on … [Read more...]
Marchex Sells Its Domain Portfolio Of 200K+ Domains To Godaddy For $28.1 Million
Marchex, Inc. (NASDAQ: MCHX), today announced they have entered into a definitive agreement to sell its remaining domain portfolio of more than 200,000 domains to GoDaddy Inc.(NYSE: GDDY). Under the agreement, Marchex received cash consideration of $28.1 million from Godaddy, plus additional earn-out payments the terms of which were undisclosed including the maximum additional earn … [Read more...]
Marchex’s Archeo Revenue $14.5M In 2014; Horowitz Steps Down As CEO; Pete Christothoulou Takes Over
Marchex (MCHX) reported its earnings for the 4th Quarter and the full year of 2014, after the market closed today and also announced that Russell Horowitz who has been the CEO of the company for the last 12 years is stepping down as CEO but will remain on the board. Marchex co-founder Pete Christothoulou was named CEO. The company also announced that former Market Leader CEO Ian Morris has … [Read more...]
Endurance International Reports That Revenue From Directi & BuyDomains Higher Than Expectations
Endurance International (EIGI) reported its earnings last night after the market closed In its earnings call, Endurance said that its acquisition of both Directi and BuyDomains.com were generating more revenue than expected. "At the time of acquisition, we had expected Directi to add approximately $30 million to $35 million of adjusted revenue. "We ended the year with Directi adjusted … [Read more...]
Report: Web.com Largest Shareholder Could Be Activist & Shake Up The Board
According to TheFly.com FBR Capital says Okumus Fund Management, Web.com's (WWWW) largest shareholder, could potentially take a more activist stance going forward. "FBR added that it would not be surprised if announcements were made soon, potentially including a change in the board composition, a review of the company's operations, accelerating share buyback activity, or the exploration of … [Read more...]