Connexity Inc. Explained

Connexity Inc.
Type:Private
Foundation:Los Angeles, California
(November, 1996)
Location City:Los Angeles, California
Location Country:USA
Industry:Internet Services : Comparison Shopping
Key People:Bill Glass, CEO
Farhad Mohit, co-founder
Henri Asseily, co-founder
Divisions:Shopzilla.com
Parent:Taboola
Homepage:connexity.com

Connexity (formally Connexity Inc.) is a privately held Los Angeles operator of shopping web sites, including Shopzilla.com. Originally started as comparison shopping website Bizrate.com, the company changed its name to Shopzilla in 2004, and changed again to Connexity in 2014.[1]

Connexity operates websites serving consumers and retailers in the U.S., UK, French and German markets. The company is headquartered in West Los Angeles, CA.[2]

History

Originally founded as Bizrate.com, the company changed its name to Shopzilla in 2004.[3]

In June 2005, Shopzilla was acquired by The E. W. Scripps Company for $525 million[4] [5] and was part of its interactive media division.

In June 2011, Scripps sold Shopzilla to strategic private equity Symphony Technology Group for $165M.[6] In September 2014, Shopzilla rebranded as Connexity. In December, Connexity bought fellow price comparison shopping company Become.com.[7]

In June 2015, it announced it had purchased PriceGrabber, Inc. for an undisclosed amount.[8] In 2016, Connexity sold its division, Bizrate Insights, to Time Inc.[9] In September 2021, Connexity was acquired by Taboola.[10]

External links

Notes and References

  1. Web site: Shopzilla's Rebrand As Connexity Opens Search Marketing Technology To Retailers. 2014-12-02. Search Engine Land. 2020-02-19.
  2. Web site: 2015-07-01 . Index Exchange Partners With Connexity to Integrate Programmatic Demand in Their Private Marketplace . 2024-05-07 . Yahoo News . en-SG.
  3. News: Tedeschi . Bob . For BizRate, a New Identity and a New Site, Shopzilla.com . The New York Times . en . November 15, 2004 . 2020-02-19.
  4. http://www.iht.com/articles/2005/06/07/business/shopzilla.php International Herald Tribune article
  5. News: Scripps to buy Shopzilla for $525 million. . Louise Story . June 8, 2005.
  6. Web site: Symphony Technology Group . 2011-06-24 . dead . https://web.archive.org/web/20110626190635/http://www.symphonytg.com/news/symphony-technology-group%E2%80%99s-165m-acquisition-of-shopzilla-inc-closes . June 26, 2011 . mdy-all .
  7. Web site: Connexity (Formerly Shopzilla) Buys Become.com To Grow Its Price Comparison Business. 2014-12-04. Techcrunch. 2020-02-19.
  8. Web site: Connexity Acquires PriceGrabber - Official Press Release. 15 June 2015. 9 October 2017.
  9. News: O'Shea . Chris . Time Inc. Buys Survey Company BizRate Insights . AdWeek . en . 2016-09-07 .
  10. Web site: Taboola Completes Acquisition of Connexity, Creating a Powerful e-Commerce Solution for Publishers, Advertisers and Merchants Outside of Walled Gardens. 1 September 2021. 17 January 2022.