PC retailer Systemax bought the rights to the name and brand, the website, and details of customers who'd been signed up to the original Circuit City site. Systemax originally offered $6.5 million, but the final purchase price was reportedly $14 million. (Source: afterdawn.com)
Though Systemax recently reopened 16 CompUSA stores after buying out that chain, it doesn't appear interested in reopening Circuit City retail sites. Instead it has opted for an exclusively online business, in what appears to be a re-branded version of its existing online retailer, Tiger Direct.