I have been watching the moves that have been happening in Comparison Shopping Engine industry over the last 9 months. Google Product Search is making a lot of people and businesses squirm. In April Shopzilla was sold at a huge loss to private equity firm Symphony Technology Group LLC.
Scripps Networks Interactive Inc. says it is selling Shopzilla Inc., a comparison shopping site, for $165 million to private equity firm Symphony Technology Group LLC. That’s $360 million less than the $525 million Scripps paid for the site in 2005.