Google Buys Channel Intelligence For $125 Million

What's Next In Payments®
3:53 PM EDT February 6th, 2013

Google has purchased eCommerce servicer Channel Intelligence for a $125 million cash deal, according to TechCrunch.

CI works with more than 850 retailers in 31 countries, including big names such as Best Buy and Target, and has been a partner of Google Shopping for several years. The company drives around $2 billion in sales on a yearly basis.

Read the full story here.

Topics:
Comments
Also by This Author
What's Hot
News
Square Launches Register App Platform
News
Etsy Debuts mPOS Solution
Merchant Innovation
Ron Johnson’s New Company To Focus On Shopper Decisions
B2B Payments
WEX and Sinclair Oil Strike Long Term Contract
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Merchant Innovation
Apple Pay Launch Week By The Numbers: 46B, 58M and 1
B2B Payments
Tungsten Spent $6.5 Million for DocuSphere
Company Spotlight
Inside the Future of Commerce, Post Apple Pay
Alternative Financial Services
Death Threats, Fraudsters and Lawsuits
View All Articles ››