728_header.jpg (23748 bytes)
Google  Web AuctionBytes  

Home
Subscribe
Blog
Podcasts
Forums
AuctionBytes TV
ABU Back Issues

Sponsor

COOL TOOLS

Calendar
eBay Fee Calculator
Collectors' Links
eBay Promo History
Bookshelf
Fraud Resources
Auction Site Fees
Auction Management
Payment Services
Storefronts Chart
Sniping Chart
Email List Hosting
Consignment Services
Drop-Off Store Laws
Ecommerce Resources
Photo Tips
Marketing Inserts
Yellow Pages
Classifieds

AUCTIONBYTES

Our Writers
Write For Us
Partners
Press
Advertising
About Us
Link To Us

Auctionbytes-NewsFlash, Number 1411 - November 15, 2006 - ISSN 1539-5065      | Next Story

Vendio Acquisition of Top eBay Service Provider Completed
By Ina Steiner
AuctionBytes.com
November 15, 2006
AddThis Social Bookmark Button

Vendio Services Inc. announced it has completed its acquisition of the assets of Andale Inc. as part of a deal announced in June. The two companies provide tools and services for eBay sellers and buyers and had been rivals since 1999. Details of the agreement were not disclosed.

Vendio and Andale customers should expect no service changes in the foreseeable future, particularly during the holiday shopping season, according to a press release issued on Tuesday. The company will focus on infrastructure changes and consolidating the back-end processes, and URLs and user-interfaces will remain unchanged at least over the course of the next two to three months.

Vendio CEO Rodrigo Sales said the acquisition has long-term benefits because the two companies had been duplicating efforts in building products and improving features. Sales used the two companies' gallery tools as an example. He said rather than the companies each building the same services, the acquisition now eliminates that duplication of effort so that Vendio can accelerate the rate of product development and feature enhancement. "The long-term benefit to the acquisition is that it will enable the company to innovate much faster," he said.

Sales said the company will continue to consolidate and focus on infrastructure changes to gain efficiencies and said he has yet to consider changes such as pricing. Sales would not comment on whether any additional acquisitions are planned, but said he is looking to grow the business organically and otherwise.

Sales said that with over 75,000 active customers after the acquisition, Vendio is the largest company in the space in terms of number of paying customers. Sellers generate over $1 billion in annual Gross Merchandise Volume through Vendio's Sales Manager ecommerce-management tool.

Ravi Garikipati, former CEO of Andale, is now Vendio's Senior Vice President, Managing Director India Operations. He said in a press release, "The Andale team is eager to contribute our expertise in listing management and research services to the success of Vendio. Bringing our two accomplished companies together enables us to continue serving our customer base while expanding into new areas that capitalize on our combined strengths."

Andale operated country-specific websites in North America, Germany, the UK and Australia, and Vendio now has development teams in the U.S., India and Romania.

Munjal Shah had started Andale in 1999 and had raised millions of dollars in venture capital funding. He left Andale in 2004 and founded Riya, which provides photo face-recognition services. Riya's new shopping service, Like.com, was profiled on Monday in the New York Times.

http://www.vendio.com

http://www.andale.com


Email this story to a friend.

| Next Story

Related Stories
  • Andale Still Talking to eBay Over Checkout Redirect - February 06, 2006, Issue #1210
  • Vendio Does Dealio with eBay Bidding Service UnWired Buyer - February 13, 2006, Issue #1215
  • eBay Australia Replaces Andale Counters with Own - April 07, 2006, Issue #1253
  • Vendio Offers Full Support for eBay Express - April 11, 2006, Issue #1255
  • Andale Reveals Status of eBay Counters - April 14, 2006, Issue #1258
  • Andale Enhances eBay Counters with 'Auto Attach' Feature - April 24, 2006, Issue #1264
  • Vendio Sales Manager Launches 150,000,000th Listing to eBay - May 03, 2006, Issue #1271
  • eBay Vendor Andale Replaces CEO - June 07, 2006, Issue #1296
  • eBay Provider Vendio Acquires Majority Stake in Andale - June 13, 2006, Issue #1300
  • Vendio CEO Discusses Recent Investment in eBay Service Provider Andale - June 21, 2006, Issue #1306
  • Andale Overhauls eBay Market-Data Tool, Offers 30-Day Trial - June 30, 2006, Issue #1313
  • Andale Launches Storefront Service in UK - August 17, 2006, Issue #1347
  • Vendio Launches Dealio 2.0 Comparison Shopping Toolbar - August 31, 2006, Issue #1357
  • Andale Launches Honesty.com Search Tool for eBay Bargain Hunters - September 06, 2006, Issue #1361
  • New Andale Coupon Feature Helps Increase eBay Buyer Loyalty - October 16, 2006, Issue #1389
  • Vendio Introduces Customer Relations Tool for eBay Sellers - October 25, 2006, Issue #1396
  • Social Networking for Ecommerce: Vendio's Dealio 'Diggs' Deals - November 29, 2006, Issue #1421



  • Discuss this story in our forums.

    Ecommerce Podcasts

    Site Index
    Copyright 1999-2008. Steiner Associates LLC. All rights reserved