Vendio CEO, Rodrigo Sales stated, “Vendio and Andale have complementary strengths that have helped us collectively lead the industry as the two largest sales management providers with the most innovative applications for online merchants. We look forward to sharing the knowledge and relationships we've gained managing our profitable, growing business over the last four years with the Andale team. From economies of scale and category and geographic expansion to new services and technologies, this deal will result in a host of lucrative new opportunities for both companies and the customers they serve.”
Vendio and Andale are working closely together on several key initiatives including Vendio's shopping search play called Dealio.
The "significant" cash some Vendio paid was undisclosed.
Comment Preview