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Marchex Announces Sale of Its Domain Assets

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SEATTLE--(BUSINESS WIRE)--Marchex, Inc. (NASDAQ: MCHX), a mobile advertising analytics company, today announced the sale of the bulk of its domain portfolio for aggregate proceeds of $34.8 million, as well as additional earn-out considerations. The $34.8 million total includes a $28.1 million transaction detailed below, as well as $6.7 million in direct domain sales by Marchex since January 2015. The company has entered into a definitive agreement to sell more than 200,000 domains to GoDaddy In

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