Goes Up For Sale

Domain name investment company Investments is putting one of the most valuable single-word domains up for sale today: The company says it feels like now is the perfect time to release the domain for sale, with the tablet industry projected to be a $70 billion market by 2014, according to the analysts at RBC.

No target price, asking price or minimum bid has been set on the offer.

“We are going to let the market determine the final sales price,” says XF’s Aron Meystedt. “We feel the size and growth of this industry will drive the final sales price of up, however, we haven’t set a target price yet,” he added. “Once a bid comes across that we feel is fair for this opportunity, we will accept it and move forward.”

The company also noted that recent sales for other single word domain names like, and have traded for 7 and 8 figure sums. And Citrix’s, which it acquired as a part of the $200 million purchase of earlier this year, was assigned a value of $18 million.

At present, the website is hosting a rolling odometer that’s meant to demonstrate how fast the tablets market is growing. As of this morning, it’s in the $37 billion range.

Although not a household name, Investments is known for owning the first .com on the Internet: The company wasn’t the original owner of the domain, however – it bought it in August 2009 for an undisclosed sum. Originally, the  domain belonged to defunct Massachusetts-based computer manufacturer Symbolics, which first registered it on March 15th, 1985.