Investing.com sells for $2.45 Million USD

Media company investing in .com – investing.com

As reported by TechCrunch Investing.com was bought for $2.45 Million USD by Virgin Island based Forexpros/Fusion Media Ltd.

As TechCrunch writes, with the purchase, Forexpros will today launch a global financial portal under the Investing.com URL, where it plans to offer a free resource for novice and semi-professional traders and investors to find realtime quotes and charts, breaking news, financial tools, technical analysis and calendars.

The last snapshot of the site by Archive.org shows that in February of 2011 the site was just an under construction page. ForexPros was launched in 2007 and employs 70 people world wide. Now the site has been rebranded to Investing.com and the domain name ForexPros.com redirects to Investing.com.

[Hat tip to George Kirkos and Donna Mahony]

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