Corrigon

Feeling some increased pressure from Facebook Inc (NASDAQ: FB)'s newly launch Marketplace this week, eBay Inc (NASDAQ: EBAY) took a step to improve its own marketplace with a new acquisition. The e-commerce pioneer has announced it has acquired Israel-based visual search engine company Corrigon for...

EBay Inc (NASDAQ: EBAY) has acquired privately-held tech company Corrigon for a price reportedly less than $30 million. Baird analyst Colin Sebastian sees the acquisition as an under-the-radar move to boost eBay’s machine learning capabilities. Corrigon specializes in visual search technology...