Publicly traded Quinstreet acquires Insurance.com.
Lead generation company QuinStreet has purchased the Insurance.com web site and domain name.
I called a phone representative at Insurance.com who said the company was acquired “a couple days ago”. I am awaiting a response from Quinstreet with further details.
This was surely an expensive acquisition, but I can’t find information about it in any of Quinstreet’s SEC filings.
Last year QuinStreet purchased the Insure.com web site for $16 million. It then filed to go public on the NASDAQ, and now has a market capitalization of about $550 million.
Compete.com estimates that Insurance.com receives 325,000 visits per month.
Many readers of Domain Name Wire think that Insurance.com is the most valuable domain name in the world, even more valuable than Sex.com.