Escrow.com Bought for $7.5 Million!

Yes - you read it correctly… Escrow.com has now been acquired by the folks at Freelancer/FreeMarket. Seams like it went for a pretty low price considering Escrow.com is used to handle so many big domain transactions. Lots of domainers are now stating they will stop using Escrow and unfortunately, I will probably be one of them. My past experience with them hasn’t been the best and lots of other people have horror stories too.

What are your thoughts?

Yes 7.5 million for Escrow does seem quite low. Sometimes back freelancer also acquired the largest webmaster forum warriorforum. It seems that freelancer is on an acquisition spree.