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eBay Acquires Price-Forecasting Firm

EBay said on Friday that it has acquired, a Seattle-based price-forecasting startup that used predictive analytics to help consumers decide whether they should buy a product now or wait for the price to drop.

All 26 of’s employees, except for co-founder and CTO Oren Etzioni, will be joining eBay’s new Bellevue, Wash., office. (Paul Allen recently named Etzioni head of a new artificial-intelligence institute.) will shut down at the end of September.

While Decide’s focus has been on providing pricing information to consumers, its engineers will now be tasked with building tools for sellers on eBay’s marketplace. Some tools will aim to help sellers price their items more competitively, and others may help them decide whether an auction is the best sale format for a given product, or whether they need to upgrade a product’s picture quality based on past selling patterns, eBay CTO Mark Carges said. CEO Mike Fridgen will continue to lead his same staff at eBay. had raised $16.5 million from Madrona, Vulcan Capital and Maveron, most recently receiving an $8 million Series C round in March.
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