April 27, 2024

Apple Purchases iCloud.com for $4.5 Million?

Posted April 28, 2011 at 1:51am by iClarified · 13524 views
Apple may have purchased iCloud.com from Xcerion for $4.5 million, according to a GigaOm report.

Until recently, iCloud.com was a domain name and a storage-as-a-cloud service owned by Linkoping, Sweden-based desktop-as-a-service company, Xcerion. Xcerion’s iCloud service has just been rebranded to CloudMe, and the company acquired the CloudMe.com domain on April 5, 2011. My source, who is familiar with the company, says that Xcerion has sold the domain to Apple for about $4.5 million.

Recent reports have said that Apple has completed the technical side of its cloud locker and is just finalizing licensing agreements before launching the service. iCloud.com would definitely be a fitting domain for Apple to launch the service on.

Read More [via Akwasi]