IT.com, an ultra-premium two letter domain registered in 1992, has been sold. Brokered by domain broker, James Booth, this remarkable LL .com changed hands for a massive $3.8 million dollars. Source: DNJournal.
The buyer is Intis Telecom, a British telecom company that also operates from IT.co.uk. IT stands for “information technology” among other acronyms; it’s the most popular one, for sure.
According to their web lander, Intis Telecom plans to use IT.com as a domain Registry that allocates *.it.com domains, beginning November 1st.
Clearly a purchase with a plan and a financial cushion that an established telecommunications company can provide. We’ll be checking IT.com on 11/1/21 for sure.
The seller appears to be Mr. Mark Cordover, former CEO and founder of IT.com. According to his bio:
I have had two passions in my career: financial markets and technology. I started a hedge fund before they were cool, doing “algo” trading before it was invented. By accident I helped fund the first Internet Service Provider.
But I learned from the experience, and then financed the first company to do customer service on the Web, and also invested in the first company to see the demise of old fashioned “client-server” architecture.
Congratulations to James Booth for scoring such a massive domain sale!
