Gilt Groupe Acquires Home Decor Shopping Site Decorati

Gilt Groupe, the New York private sales company, said it will launch a broader home-shopping business with today’s acquisition of San Francisco-based Decorati, which offers upscale interior design products. Terms of the deal were not disclosed. Gilt said its new Home offering will launch later this year, providing a mixture of full-price merchandise, daily flash sales and social tools. There will also be a channel focused on professional designers. The company will be competing against well-funded startups, like One Kings Lane.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik