Facebook Acquired FB.com for 8.5 Million Dollars

We have got any interesting news from the desk of Facebook; Facebook has paid $8.5 million to American Farm Bureau and acquired the domain name FB.com.

Facebook

Facebook

According to Reuters report, Facebook has bought the domain name for Facebook employee’s internal use. This news was populated at the time of the launch of Facebook Messaging system. Mark Zuckerberg, CEO of Facebook said that employees were already using the site in addition to adoption of email addresses ending in FB.com. But the financial data was not revealed that time.

American Farm Bureau Foundation of Agriculture

American Farm Bureau Foundation

The reports are reporting that, Farm Bureau has earned $8.5 million on the sale of couple of domain names, but didn’t say anything about the other buyers. It is indicating that Facebook might have acquired few other domains in addition to FB.com.

Amazingly, FB.com is now redirected to Facebook.com; if you would like to test, do give a try to http://fb.com.

According to Facebook, they have acquired the domain name for the internal use of employees. Was investing $8.5 Million for FB.com is a good decision? Do share your views with us

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Also check out: Top 10 most expensive domain names ever sold

2 thoughts on “Facebook Acquired FB.com for 8.5 Million Dollars

  1. It’s just waste of money coz they already had fb.me and there could also used it…….

  2. Jitendra Kumar says:

    @Yousuf: Its not waste of money, its investment my friend..

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