$164 Million For Typo Squatters?

from the scary dept

This is scary if true, but Slashdot reports that an online marketing firm has paid $164 million for a typo squatting company that owns 100,000 domains chock full of advertising. Not only that, but the vast majority of the deal was in cash. The company in question registers tons of typo domains, generic domains and also snaps up domains that expire in the hopes of catching excess traffic. 1998 must be jealous. This is a bubble era style deal if there ever was one.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...