The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now!


old mailboxMail.com Media Company has sold its Mail.com email service.

It might seem odd for a company to sell the service that gives the business its name, but Los Angeles-based MMC has been putting more emphasis on the “media” part of its name recently, buying up and operating sites like Deadline.com and the Boy Genius Report. In fact, when I visit the Mail.com website, news stories are featured much more prominently than email.

So the deal should help MMC (whose investors include Quadrangle Capital Partners) focus on becoming a big media company, without the distraction of running an email service. MMC sites are supposed to continue supplying content to the Mail.com Web portal. PaidContent reports that the company will also be announcing a new name soon.

Mail.com was purchased by United Internet Group, and accounts will be migrated to the German company’s GMX service. The purchase price was between $50 million and $100 million, according to Mashable’s sources.

mail screenshot

[top image via Flickr/KDavidClark]

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member