Sales of domain names climb 60%

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Sci-Tech

April 18, 2008

Sales of domain names climb 60%

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(NECN) - While the slowdown continues in the housing market, the business of virtual real estate is booming. Sales of domain names climbed 60% last year and the prices are skyrocketing.

Cambridge, Massachusetts-based www.sedo.comfacilitates the sales of many domain names. Sedo CEO Tim Schumacher joins NECN.

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