ICAP Brokerage is managing the auction of the domain name, Patents.com. The minimum bid is $2.5 million, and will be auctioned at the upcoming 16th ICAP Ocean Tomo IP Auction on July 26, 2012, at the Julia Morgan Ballroom in San Francisco, California.
Premium domain names like Patents.com have becoming increasingly valuable due to limited supply. Comparable domain name sales include insure.com ($16m), diamond.com ($7.5m), toys.com ($5.1m), fund.com ($10m). Users searched on Google for “patent” 6.1m times per month; this is the premier domain name for the most valuable category of intellectual property.
The Patents.com business includes search functions for patents, patent attorneys and other patent service providers, patent filing services and other patent-related resources. The Firm plans to move the business to patents.net upon completion of the sale.
If you’re interested in this opportunity, please contact Clay Becker of ICAP Patent Brokerage at 561-797-1161 or via firstname.lastname@example.org.