06 Jul '11, 6pm

For Oversee.net, ShopWiki Is Another Ill-Timed Acquisition

For Oversee.net, ShopWiki Is Another Ill-Timed Acquisition

For Oversee.net, ShopWiki Is Another Ill-Timed Acquisition Wednesday, July 6th, 2011 Latest big acquisition hit hard by Google algorithm updates. Oversee.net has made a few big acquisitions over the years, and something always seems to go wrong. There was Moniker , which the company bought at the peak of the domain name auction market. Then there was Snapnames , which lost its best source of domains names (Network Solutions) to a joint venture with eNom shortly thereafter. And who can forget about the Halvarez shill bidding scandal. It appears that its latest big acquisition may also suffer from poor timing. In late January the company announced the acquisition of shopping site ShopWiki.com . Shortly thereafter Google released its Panda update aimed at content farms. By all accounts, this update had a negative impact on ShopWiki and its peers such as TheFind.com and BizRat...

Full article: http://domainnamewire.com/2011/07/06/for-oversee-net-shop...

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