Corporate News
INTER123 CORPORATION AND DEMAND MEDIA INC. ENTER INTO AN AGREEMENT IN REGARDS TO DEMAND.COM
Phoenix, Arizona (July 20, 2009) – Inter123 Corporation, a leading Information Technology and New Media private equity firm, today announced that it entered into a definitive agreement for the sale of the Internet domain Demand.Com to Demand Media Inc.
The sale of the internet domain further strengthens Inter123 Corporation as one of the leading technology investment and private equity firms in the Southwest. “This transaction demonstrates our increasing activity throughout the region.” said Jeffrey Peterson, Chairman and President of Inter123 Corporation.
“We are pleased to work with Inter123 Corporation on securing this domain name as we expand our corporate branding efforts.” explained Richard Rosenblatt, Co-Founder, Chairman and CEO of Demand Media Inc.
The terms of the agreement were not disclosed.
Phoenix, Arizona (July 20, 2009) – Inter123 Corporation, a leading Information Technology and New Media private equity firm, today announced that it entered into a definitive agreement for the sale of the Internet domain Demand.Com to Demand Media Inc.
The sale of the internet domain further strengthens Inter123 Corporation as one of the leading technology investment and private equity firms in the Southwest. “This transaction demonstrates our increasing activity throughout the region.” said Jeffrey Peterson, Chairman and President of Inter123 Corporation.
“We are pleased to work with Inter123 Corporation on securing this domain name as we expand our corporate branding efforts.” explained Richard Rosenblatt, Co-Founder, Chairman and CEO of Demand Media Inc.
The terms of the agreement were not disclosed.
ABOUT DEMAND MEDIA
Demand Media™ owns and operates the Internet's leading curated content and distributed social media platform. The privately held company was founded in May 2006 and is based in Santa Monica, CA, with offices in Bellevue, WA, Austin, TX, New York, NY and London, UK. For more information about Demand Media, Inc., please visit: www.demandmedia.com
- CONTACT: Demand Media, Quinn Daly, (310) 394-6429, quinn@demandmedia.com
Inter123 establishes Credit Facility
LAS VEGAS, NV, March 14 - Inter123 Corporation ("Inter123") announced that it had established a revolving credit facility.
LAS VEGAS, NV, March 14 - Inter123 Corporation ("Inter123") announced that it had established a revolving credit facility.
Inter123 Completes Financing Transaction
LAS VEGAS, NV, March7 - Inter123 Corporation ("Inter123") announced that it had completed a financing transaction with accredited investors.
LAS VEGAS, NV, March7 - Inter123 Corporation ("Inter123") announced that it had completed a financing transaction with accredited investors.
Inter123 Completes Financing Transaction
LAS VEGAS, NV, March 5 - Inter123 Corporation ("Inter123") announced that it had completed a financing transaction with accredited investors.
LAS VEGAS, NV, March 5 - Inter123 Corporation ("Inter123") announced that it had completed a financing transaction with accredited investors.
About Inter123 Corporation
Inter123 is a private equity firm that specializes in Information Technology and New Media companies. In addition to our financial interests in portfolio companies, Inter123 principals apply their solid business experience in IT and new media and draw on a network of professional contacts to achieve their objective of building successful, high-value companies. For more information, please visit www.inter123.com.Contact
: Jeffrey Peterson Email
: webmaster@inter123.com