Answers, operator of answers.com, has acquired Webcollage, a SasS platform for managing and publishing rich product information. Founded in 1999, Webcollage has over 1,000 consumer brands who create and publish rich product descriptions, videos, and interactive tours through their network of retail e-commerce sites. Webcollage has headquarters in New York City and R&D center in Tel Aviv, Israel. Terms of the deal were not disclosed.
“Webcollage is a perfect extension to Answers’ product suite for retailers and brands,” said David Karandish, CEO of Answers. “Consumer manufacturers and retailers who trust Webcollage as a publishing platform can now benefit from Answers’ complementary products for product reviews, product Q&A, retailer reputation management, and branded consumer engagement. With the stellar Webcollage team, we are committed to making Webcollage customers even more successful.”
USA, St. Louis, MI & New York, NY
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- Answers.com to be acquired for $127 million in cash: $10.50 per share Posted on February 4, 2011