Cambridge, MA (PRWEB) August 06, 2014
Mobile Corporation—an innovator of new online communities for the mobile workforce, working together with its investor and intellectual property partner Inter123 Corporation—has acquired the Internet domain name Mobile.co. The price paid in the acquisition was $239,000, the second largest .co domain sale ever, right behind Overstock.com (o.co) at $350,000¹ and ahead of OnlineCasino.co at $100,000².
The .co internet domain has quickly become one of the hottest new brands in the global Internet technology industry. The .co domain has become increasingly popular among tech startups, including AngelList (angel.co); Video sharing service Vine (vine.co); Twitter co-founder Biz Stone’s Visual Q&A app, Jelly (jelly.co); 500 Startups (500.co); among others. The .co domain is also used by many established brands for social and mobile media, such as Facebook (fb.co), Twitter (t.co), Google Inc. (g.co), Amazon.com (a.co), Ebay.com (ebay.co), Alibaba.com (alibaba.co), Intel (intel.co), American Express (amex.co), Visa Inc. (visa.co), PayPal (paypal.co), CBS Sports (cbsprt.co), Bloomberg Businessweek (buswk.co), Cisco (cs.co), CNET (cnet.co), T-Mobile, (t-mo.co) and now Mobile Corporation (mobile.co).
“Mobile.co will provide Mobile Corporation with exclusive .co domain rights at one of the most visible top level domains on the Internet today. Mobile is the future. Our new online community for the mobile workforce will provide solutions and tools necessary for tomorrow’s online labor markets.” -Jeffrey Peterson, CEO and Chairman of the Board, Mobile Corporation
About Mobile Corporation
Mobile Corporation is an innovator of new online communities for the mobile workforce. The Company’s strategy is to combine the mobile industry and markets and its emerging technologies in an innovative and creative way throughout the United States, Mexico, Latin America and Asia.
To learn more about Mobile Corporation, visit http://www.mobile.co
Michael D. Silberman
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
1: Overstock.com Press Release, July 20, 2010; http://investors.overstock.com/phoenix.zhtml?c=131091&p=irol-newsArticle&ID=1449274&highlight
2: The Domains, October 7, 20114; http://www.thedomains.com/2011/10/07/onlinecasino-co-sells-for-100k-in-record-setting-sale/