Google Acquires E-Commerce Partner Channel Intelligence for $125M

Google has agreed to acquire Orlando, Fla.-based Channel Intelligence from ICG Group for $125 million in cash. Channel Intelligence helps merchants maximize sales from ads purchased on Google Shopping, which made the controversial move last year to charge for listings instead of providing them for free. This is the second recent acquisition by Google Shopping; in November, it bought delivery service BufferBox.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus