Scripps has acquired uSwitch. uSwitch is an online shopping comparison website in the UK.


Scripps has acquired uSwitch.com. uSwitch.com is an online shopping comparison website in the UK.

Scripps has paid $366 million (₤210 million) in cash for 100% of the outstanding shares of uSwitch Ltd.

Kenneth W. Lowe, president and chief executive officer for Scripps, said: “The addition of uSwitch to our portfolio of interactive businesses, including Shopzilla, is intended to position Scripps to take full advantage of the rapid growth of online comparison shopping for both products and essential home services.

An increasing number of consumers in the U.K. have found uSwitch to be a valuable online resource when shopping for energy, communications and personal finance services. We believe the uSwitch service and brand provide a sturdy platform on which we can expand into Europe and beyond.”
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uSwitch is a free service. It generates revenue from commissions paid by participating service providers. uSwitch also owns UpMyStreet.com, a local information website.

For more information on the acquisition, click here.

 

 

 

 

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