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A man struck it rich by selling a Web site address to Compaq Computer Corp. for $3.35 million, the San Francisco Chronicle reported Tuesday.
Quoting unidentified sources, the newspaper said Compaq paid Jack Marshall of San Jose, Calif., one of the highest prices ever for a Web site–in this case, www.altavista.com.
The deal settles a two-year fight between Marshall and the computer giant, which owns the Alta Vista Internet search engine.
“I believe this is the largest known figure for a domain name transaction,” said Edwin Hayward, who runs www.igoldrush.com, a Web site that tracks such purchases.
