Ebay Acquires Decide.com
Summary
Global commerce platform and payments leader Ebay (Nasdaq: EBAY) acquired Decide.com, a Seattle, WA-based price research startup.Led by Mike Fridgen, CEO, Decide.com proivides tools to help consumers find the best times to buy products across the web.It venture backed having raised $17m in capital from Madrona Venture Group, Maveron, Vulcan Capital, and other investors.Fridgen and the company’s employees will join eBay’s new Seattle-area office to build an improved pricing tool that will help sellers better price their merchandise and sell items faster and produce more detailed insights, intelligence and price guidance.Decide.com’s co-founder Oren Etzioni won’t be part of the new team at eBay having just taken on a new role as the Executive Director of the Allen Institute for Artificial Intelligence.