Vendio has acquired majority stake in Andale, an auction management and analytics services provider to the sellers of eBay.


Vendio has acquired majority stake in Andale, an auction management and analytics services provider to the sellers of eBay.

“This strategic investment has already enabled the two companies to share their experiences and leverage their strategic relationships to the benefit of all of their customers while operating businesses that can profitably reinvest in future development and marketing initiatives.” [source]

Vendio has also appointed five directors for Andale.

Ravi Garikipati, CEO of Andale, said: “We’ve always had great respect for one another and recognized that if our complementary strengths and knowledge were leveraged, we would lead the industry with the most comprehensive and innovative solutions for online sellers”. [source]

Vendio provides services to help online merchants reach consumers and manage transactions.

To read the complete announcement, click here.

To visit Vendio website, click here.

To visit Andale website, click here.

 

 

 

 

 

Sharing is caring