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California-based PriceGrabber.com compared prices of products such as computers and clothing for more than 17 million users last month, GUS said. The business connects users to more than 9,000 online retailers, who pay each time they get a lead.
Details are skimpy at the time of this post but an overview is here: Bloomberg [bloomberg.com]
Course they're buying the actual user base and the network they have built up and not the actual engine I would assume.
Sure is a good way to know alot about its customers.
Note: *I compete with Experian in a way*
They survived the dot com crash because they built a superior, useful product. This was no "built to flip" play - these guys worked very hard to build a real business.
They also happen to be some of the nicer, humbler guys in the industry - congrats to all involved!
Could be wrong on how it will shake out, but I do know that search engines generally frown on duplicate listings.
It was bought by Bain Capital and Thomas Lee VCs in 1996 for about 1B. Couple of years later they sold it to GUS for something around 2 plus billion.