Apple Snapped Up iCloud.com for About $4.5 Million

The Cupertino-based computing giant Apple is rumored to be a likely buyer of the domain iCloud.com.According to GigaOM, Apple has scooped up the domain name www.iCloud.com from Xcerion, the maker of a cloud-based service. Xcerion. Xcerion's iCloud service has just been rebranded to CloudMe, and the company acquired the CloudMe.com domain on April 5, 2011. […]

The Cupertino-based computing giant Apple is rumored to be a likely buyer of the domain iCloud.com.

According to GigaOM, Apple has scooped up the domain name www.iCloud.com from Xcerion, the maker of a cloud-based service. Xcerion. Xcerion's iCloud service has just been rebranded to CloudMe, and the company acquired the CloudMe.com domain on April 5, 2011. The deal is said to have gone down for somewhere in the range of $4.5m.

Xcerion hasn't responded to queries as yet. At the time of writing, the Whois database showed Xcerion as the owner of iCloud.

According to reports, Apple is building a cloud-based service and is in touch with large record labels as it plans for a service to compete with Amazon's Cloud Locker. Apple will likely introduce their new cloud services at WWDC. Apple recently stopped selling retail packages and discounted copies of MobileMe.

We think iCloud is a potential name for Apple's upcoming locker service which should keep your music, photos, videos, and other media in the cloud. This service will likely tie directly into MobileMe and may even replace MobileMe's long existing iDisk feature.

[Via: GigaOm]