June 13, 2006, 12:00 AM

Vendio acquires majority stake in auction management vendor Andale

Vendio, a provider of sales management services for online merchants, has acquired controlling interest in Andale Inc., a company that provides listing management and research services for sellers on eBay. Purchase price was not disclosed.

Kurt Peters

Executive Editor

 

Vendio, a provider of sales management services for online merchants, including Sales Manager Inventory Edition, Vendio Gallery and Vendio Image Hosting, has acquired controlling interest in Andale Inc., a company that provides listing management and research services for sellers on eBay. Purchase price was not disclosed.

“We are delighted to have the opportunity to work more closely with Andale,” said Rodrigo Sales, CEO of Vendio. “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. 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 also appointed five directors to the Andale seven-member board of directors. The board has named Ravi Garikipati as Andale’s new CEO. Ex-CEO Linda Hayes has left the company.

 

 

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...

FPO

Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...

Advertisement