Interland will change its name to Web.com

[stevie]

Interland will change its name to Web.com, the company said today as it closed on the acquisition of the domain's owner, hosting provider Web Internet LLC. The name change will take place in the first half of 2006, Interland said, calling the decision "a strategic move designed to clearly align the company with its branded line of business."

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original thread here...

A domain trivia note: While web.com has become associated with hosting, it initially was used on a web site for a laundromat.

 

[retired_member27]

Very interesting, especially this bit from the article itself:

"Interland paid $4.8 million for Web Internet LLC, which will add about $75,000 a month in hosting revenues. A transaction at two times annual revenues ($2.4 million) would place nearly half the deal's value in the domain name itself. Investment bankers have said shared hosting providers typically are acquired at 1.25 times revenue, and sometime less."

If I'm not mistaken, it say's that the domain itself was priced at $2.4million which is only one years earnings, that's a lot less than some domains that are priced at 15 years earnings. :grin: