This week now marks the 2nd week in a row major domain industry acquisitions are made. Last week Igloo.com acquired Aftermarket.com.
Escrow.com has officially announced their buy-out of Agreed.com for an undisclosed amount.
The brand “Agreed.com” will no longer be accepting new transactions as explained by Escrow.com President and Managing Director, Brandon Abbey:
““Agreed.com URL will be redirected to Escrow.com while the technologies are integrated. Agreed.com will no longer accept new escrow transactions, and all outstanding transactions will be completed by the company. Mr. Kubba will provide consulting services during the transition and on future products.”
Current Agreed.com CEO Ammar Kubba’s statement on the acquisition:
“We’ve spent the past several years building a powerful and intuitive online escrow platform for the domain community. Escrow.com will now be able to scale more rapidly and successfully deliver additional services to the global market. I look forward to working with Brandon and his team throughout the transition and for years to come.”