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Sedo Acquires ParkingPanel

September 24, 2009Domain Parking, Domaining, Domainnamewire,, sedoComments Off on Sedo Acquires ParkingPanel

Sedo acquires another domain name parking company.

ParkingPanelIn a long rumored transaction, Sedo has acquired domain name parking company for an undisclosed price.

ParkingPanel was launched in 2006, but ran into a few roadblocks. In March of 2008 it lost its advertising feed and was forced to look for an alternate provider. It announced its relaunch in August of 2008. But, like many small domain name parking companies, it has faced a tough slough in today’s domain parking environment.

Sedo will incorporate the brand into its own, and transition all of ParkingPanel’s customers over to Sedo. This transition should be completed before the end of the month.

Sedo acquired another small parking company, RevenueDirect, in February of 2009 for $825,000.

© 2009.

Review and rate domain name parking companies at Parking Judge.

Related posts:

  1. Sedo Acquires RevenueDirect and Why It Makes Sense
  2. Acquires WhyPark
  3. Sedo Domain Sales Booming as Parking Flounders