Medidata.com domain name changed hands for $600,000

According to a recent SEC filing (see page 14), Medidata Solutions Inc., a provider of cloud-based solutions for clinical research in life sciences, acquired the Medidata.com domain name for USD $600,000 in the first quarter of 2019. According to Archive.org, the domain name used to redirect to Medidata.ch, operated by a Swiss company.

Once charted by DNJournal, it would enter the top 5 reported domain name name transactions for this year, although we’ve yet to reach the midpoint of 2019.

Ten Year Renewal In Advance of Domain Name Fee Increases Is Inadequate Protection

In the past month, one of the most controversial topics in the domain name world has been the proposal by ICANN to permit unlimited fee increases for .ORG domain names, compared to the current generous allowance of 10% annual fee increases (far above inflation). My own submission in the public comment period can be read in a prior blog post.

Yesterday, PIR, the registry operator, wrote an open letter to the .ORG community that can be summarized in 2 words, “trust us.” That is insufficient. Organizations have a tendency to change their minds, especially when it serves their interests. What matters is what’s
in the contracts, as what is allowed to happen often does happen. Continue reading “Ten Year Renewal In Advance of Domain Name Fee Increases Is Inadequate Protection”