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1600 Ponce De Leon Drive, Fort Lauderdale (Google Maps)
The founder of a technology firm and his wife sold their waterfront Fort Lauderdale mansion for $16.8 million, a nearly 50 percent discount off its original listing price nine years ago.
Records show Donald K. and Rebecca M. McKinney sold the home at 1600 Ponce De Leon Drive to PC UT Holdings, a Delaware corporation.
Rachel Alexander of Whitaker Realty, the buyer’s agent, said the true buyer is from out of state, but she declined to provide further details.
Donald McKinney founded International Network Services, a Mountain View, California-based network consulting and security services provider, in 1991. According to the New York Times, Lucent Technologies bought International Network Services in 1999 for $3.7 billion in stock. After the deal, McKinney’s stake was worth nearly $1.2 billion. ....

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