DomainTools – the top WHOIS tool for all domainers – has been sold in an all cash deal totaling $365.25 million dollars.
That’s $1 million for every day of the year!
“We are beyond words, and definitely looking forward to further improving the experience of our users,” said the company CEO, Tim Chen.
“That’s the end of both the fiscal cliff and the bad economy for our company, it’s time to celebrate, baby!” he added.
The company has already been pushing for the re-allocation of the vast majority of their 2013 advertising/conference budget, into the legal and security arenas.
With the infusion of $365.25 million dollars, there is no question about DomainTools renewing advertising at blogs, extending sponsorships at least until 2018.
“It’s party time here on the west coast, and those who believed in DomainTools, thank you, a big fat thank you!” said a very drunk Ammar Kubba, of sister company TrafficZ.
The buyer is Australian hedge fund conglomerate, Kanga Down Under Investments Plc; the company invests in diamonds, gold, oil and domain asset management software.
What a way to start the year! 😀 Many thanks to Morgan Linton for sharing the news.
