Corona Optical Systems
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Corona Optical Systems - overview
Established
2000
Location
Lombard, IL, US
Primary Industry
Electronics
About
Corona Optical Systems specializes in domain parking services, providing a platform for domain owners to monetize their unused domain names. The company facilitates revenue generation through targeted advertisements, catering to individual and business clients. Founded in 2000 in Lombard, US, Corona Optical Systems focuses on domain parking services. The company underwent a significant transition when it was sold to EMCORE Corporation on July 15, 2004, for USD 1.
2 mn. It has completed a total of 5 deals in its operational history, demonstrating its engagement in the domain industry. coronasys. com specializes in offering domain parking services through Sedo, a platform that enables domain owners to generate revenue from their unused domain names.
The primary function of this service is to provide a user-friendly interface for domain owners to showcase their domains and monetize traffic through advertisements. The company primarily targets individual domain owners, small businesses, and investors looking to capitalize on their domain portfolios. Users can park their domains on coronasys. com, allowing them to gain visibility and potentially earn revenue from clicks generated by visitors.
The service is available to a global audience, including markets in North America, Europe, and Asia, where digital presence and online branding are critical for businesses seeking to enhance their visibility. The revenue model for coronasys. com revolves around the monetization of parked domains, where domain owners earn income through advertisement clicks facilitated by Sedo. Clients using coronasys.
com can engage in a straightforward transaction structure, where they receive earnings based on the traffic their parked domains attract. This model typically aligns with pay-per-click advertising, enabling domain owners to capitalize on user engagement. While specific pricing plans are not disclosed, it is understood that revenue is generated through a combination of advertising fees and potential partnership arrangements with advertisers seeking to reach specific target audiences through the parked domains. The company's operations emphasize a B2B model, connecting domain owners with advertisers to create mutually beneficial relationships.
The most recent deal involving Corona Optical Systems took place on July 15, 2004, when it was sold to EMCORE Corporation for USD 1. 2 mn. Future growth strategies are not explicitly outlined in the available information.
Current Investors
Intel Capital, Geometry Group, Inc., Venture Investors
Primary Industry
Electronics
Sub Industries
Electronic Components
Website
www.coronasys.com
Verticals
Robotics
Company Stage
Acquired
Total Amount Raised
Subscriber access only

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