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Escom was founded in 1991 in Germany by Manfred Schmitt. Early on, the company sold Commodore 64 computers, but it quickly branched out into its own line of IBM PC clones.
Sex.com, long coveted as potentially one of the most lucrative sites on the Web because of its catchy name, has been sold for about $12 million in cash and stock, a source familiar with the deal ...
Escom declared itself insolvent in July after making heavy losses in the first half of 1996, and cutting almost half its staff of 4,400. Slowing growth in its main European markets, particularly ...
Sex.com, widely considered to be among the most valuable web addresses in the world, was sold for $13 million by its bankrupt owner, Escom LLC.
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