Oversee.net Acquires ShopWiki

Friday, January 28th, 2011

Oversee jumps into retail vertical in big way.

Oversee.net, parent company of DomainSponsor, Moniker, and SnapNames, announced today that it has acquired shopping comparison network ShopWiki Corp.

The network of 11 country-specific shopping comparison sites will be the cornerstone for Oversee.net’s entry into the retail vertical. Oversee.net already has comparison engines in the travel and financial services sectors with LowFares.com and CreditCards.org.

ShopWiki.com is ranked #527 on Compete.com, which estimates the site receives over three million unique visitors per month.

ShopWiki Corp was backed by investment firm Generation Partners, a company that “gets” the online content space. The firm also invested in Demand Media, which owns eHow, eNom, and Hotkeys. Demand Media went public this week.

Further Reading:

  1. For Oversee.net, ShopWiki Is Another Ill-Timed Acquisition
  2. Silicon Alley Insider Values GoDaddy at $1.4 Billion, Oversee.net at $1 Billion
  3. Oversee.net Trademark Attempt Rejected

1 Comment » - Posted in Uncategorized by

Comments

  1. shuwix
    January 29th, 2011 | 12:49 pm

    and new shopwiki CEO will be Nelson Brady. As reward, he won’t tell anybody about Oversee.net sca**ing issues.

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