White House Business Council and Business Forward event brings California technologists, entrepreneurs and business leaders to Washington D.C. to meet and strategize with White House officials
Yesterday marked a sweet homecoming of sorts for me. After six months working at another tech start-up, I returned to RichRelevance, where I had worked previously for 2.5 years.
Technology pioneer, Amazon veteran and social-minded CEO stands out as one of the bright stars shaping future of e-commerce
Andrew Zeiger, Russ Fradin and Bill Pearce bring decades of innovation and leadership at Del Monte, CNET, Taco Bell and Adify to RichRelevance’s rapidly growing advertising business
RichRelevance, which offers personalized product recommendations and sells advertising around them on websites for such retailers as Walmart Stores and Target, plans to acquire Searchandise Commerce, which sells the equivalent of search ads and creates virtual end-cap displays on e-commerce sites. The deal is intended to create a more comprehensive offering for online-shopper marketing.
Neither the terms of the deal, expected to close this month, nor the companies’ sales were disclosed. But RichRelevance said the combined companies will serve 10 of the 25 biggest retailers on the web, also including Sears. The company also said its Shopping Media platform serves personalized recommendations and advertising with more than 1.4 billion page views monthly and has delivered more than $3 billion in attributable sales for retail clients since its launch a year ago.
The deal combines companies in two of the fastest-growing segments of media and marketing in recent years: digital and shopper marketing.
As you may have seen, today we’ve announced some very exciting news regarding our acquisition of Searchandise Commerce. First of all, let me say that we’re thrilled about the combination of our companies.