27 Apr '15, 12am

Purchased for $7.5million

Freelancer.com announces the acquisition of Escrow.com and completion of capital raising Some big news for a Sunday night, Escrow.com getting acquired by Freelancer.com. Back in September of 2014, Escrow.com purchased Agreed.com. SYDNEY, April 27, 2015: Freelancer.com, the world’s largest freelancing and crowdsourcing marketplace,today announced that it had entered into a definitive agreement to acquire Escrow.com from a private investor for US$7.5 million in cash, and completed a AUD$10 million placement of ordinary shares to institutional investors. Headquartered in California, Escrow.com provides online escrow services that facilitate and accelerate e-commerce by assuring secure settlement. It was founded in 1999 by FidelityNational Financial, a Fortune 500 company and the US’s largest provider of commercial and residential mortgage and diversified services. Escrow.com ...

Full article: http://www.thedomains.com/2015/04/26/escrow-com-purchased...

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acquired for $7.5 million

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