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WorthPoint Announces Plans to Acquire GoAntiques

GoAntiques, the collectibles marketplace and company behind research tool PriceMiner is to be acquired by WorthPoint, a company that offers a database of auction sales records and a networking site for collectors and dealers.

Founded only in 2007, WorthPoint has become the largest social network for researching the worth of antiques and collectibles. More than 50,000 people registered as WorthPoint members in the company's first nine months.

GoAntiques was founded in 1994 and is the Web's oldest antiques and collectibles site. It offers 600,000 items from more than 1,300 dealers in 31 countries. GoAntiques logs nearly a million visits and thousands of transactions each month and has more than 350,000 registered members. PriceMiner is the world's largest antiques and collectibles price database.

Posted 21 August 2008 | Permalink
Posted in: Acquisitions
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