Apple reportedly buys iCloud.com for $4.5 million

cloud

Apple may have purchased the domain name iCloud.com for $4.5 million, according to Om Malik of GigaOm.

iCloud.com was a cloud storage service owned by Xcerion, and recently rebranded the product as CloudMe.com. Maliks source claims that Xcerion sold the domain to Apple for $4.5 million.

Xcerions cloud product rebranding occurred on the 5th of April. With rumors that have circulated for years regarding Apples cloud music service coming to a head, this is one more piece of evidence causing speculation that such a launch is imminent perhaps before or at this years WWDC.

A cloud music service from Apple would compete with Amazons recently-launched Cloud Locker.


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