Art Technology Group Acquires CleverSet, Inc. for $9,000,000

  • Feed Type
  • Date
    1/22/2008
  • Company Name
    CleverSet, Inc.
  • Mailing Address
    1201 Western Ave. Seattle, WA 98101
  • Company Description
    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.
  • Website
    http://www.cleverset.com
  • Transaction Type
    M&A
  • Transaction Amount
    $9,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition will be paid for with all cash.

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