Domain investor strikes gold with SCADA.com.
Domain name investor Garry Chernoff has sold the domain name Scada.com for $110,000.
The buyer is B-Scada, Inc. (Beyond SCADA). SCADA stands for Supervisory Control and Data Acquisition, and is a field I know a bit about thanks to a technology licensing deal I did nearly a decade ago.
Chernoff says the deal was brokered by Darryl Lopes at DomainNameSales.com and was paid over a period of nine months.
Chernoff has sold a number of big domain names lately, although he hasn’t been able to talk about all of them. For example, he recently sold Jet.com.
This is a pretty clear example of how domains can be worth more when the owner fully understands what he’s got. One could easily imagine someone owning Scada.com and thinking of it strictly as a brandable neologism — or being faintly aware that it’s an industrial acronym without guessing the scale of that industry.
That’s why I always check abbreviations.com first…
Nice resource. Thanks.