Tech Company M&A Transactions
CleverSet Acquisition
Headquartered in Seattle, CleverSet was acquired by Art Technology Group. The companies indicated that total deal value was $9 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/22/2008
Transaction Type
M&A
Amount
$9,000,000
M&A Terms
The acquisition will be paid for with all cash.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
1201 Western Ave. 400
Seattle, WA 98101
USA
Seattle, WA 98101
USA
Phone
Website
Email Address
Not Recorded
Overview
Since its inception as a science and math-based software development firm, CleverSet has grown to become a leading technology services provider that improves the effectiveness of merchandise recommendations on e-commerce sites, reliably lifting revenue-per-visit by 20% or more, and delivering the highest return on investment in the industry.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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