The Rise and Fall of Cyrano.com: From Brilliance to Change of Ownership

Industry News
19 Nov 2024 10:47:41 AM
By:DN editor
The name Cyrano originates from the 17th century French writer Cyranode Bergerac. This historical figure, known for his distinctive appearance and literary achievements

Cyrano.com is a highly valuable domain name with a history full of cultural significance and business changes.

The origin of the name: from literature to the Internet

The name Cyrano originates from Cyrano de Bergerac, a 17th century French writer. The legend of this historical figure, known for his distinctive appearance and literary achievements, was adapted into 19th-century plays and brought to the screen many times, giving the name “Cyrano” cultural depth and enduring appeal.

In 1995, “Cyrano” was registered as a domain name, and the following year it became the name of a software company, marking its transition from literary symbol to commercial brand.

The Rise and Fall of Cyrano.com: From Brilliance to Change of Ownership

Cyrano's software days

In 1996, according to Archive.org, Cyrano.com was owned by a software company. The company, a merger of IMM and Performance Software, focused on helping organizations deploy high-quality client/server applications through automated testing tools. However, Cyrano.com's fortunes changed dramatically in 2001. Due to financial problems, Cyrano was ruled liquidated by the Paris Commercial Court.

Acquired and changed hands

In 2002, Quotium Technologies SA, a French company, acquired Cyrano and its assets. In 2007, Quotium was acquired by Vedant Incorporated, an American company.

Vedant Incorporated is a privately held company founded in 1986 that specializes in quality governance solutions for the healthcare industry. Despite its achievements in the healthcare sector, Vedant seems to have failed to properly manage its digital assets. in 2023, the company ceased operations and with it its official domain name, VedantHealth.com, and Cyrano.com, a domain name associated with the company, was gradually lost to management and renewal.

The Rise and Fall of Cyrano.com: From Brilliance to Change of Ownership

Domain name ownership: from expiration to auction

Cyrano.com's mismanagement was the turning point in its change of ownership. It is speculated that the team responsible for managing the domain failed to complete the migration from the Google registry to SquareSpace, resulting in the expiration and deletion of the excellent domain name.

After the deletion, the domain name Cyrano.com was captured by DropCatch, a cybersquatting platform, and eventually auctioned off by user “latedomainer” for $17,140. This price not only reflects the market value of Cyrano.com, but also the importance of premium domain names in the contemporary digital economy.

Today, Cyrano.com enters a new chapter, and we look forward to its future success with a new owner who will breathe new life into it.

Source: domaingang

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