Arch.com moves to startup: Spok Holdings sells domain for $701k

The firm sold arch.com during the last quarter.

Paging firm Spok Holdings Inc. (NASDAQ: SPOK) sold a domain name last quarter for a gain of $701,000, the firm revealed in its latest quarterly filing with the SEC.

While the firm did not disclose the domain name, it is clearly arch.com, a domain that has a long history with the firm.

In 2004, Arch Wireless and Metrocall Holdings merged to form USA Mobility. Ten years later, the firm changed its name to Spok.

The firm forwarded arch.com to its website for many years. But in April this year, the domain status changed to pending transfer. It moved from Network Solutions, where Spok keeps its domains, to Squarespace Domains.

The buyer is Arch, a firm that helps alternative investment firms aggregate data in a standardized format for investors and advisors.

It was a significant upgrade for the firm, and also an notable one: Arch uses the domain name arch.co. It now forwards arch.com to arch.co.

Arch has raised over $25 million in funding, so it was time for it to pick up the .com domain matching its brand.

Disclosure: I own shares in Spok.