PriceSpider Acquires ORIS Intelligence to Deliver Highest Quality Insights for Brand ProtectionIRVINE, CALIF, JULY 30, 2019 -- PriceSpider, the global leader in data and consumer analytics technology, today announced it is joining forces with ORIS Intelligence, leader in actionable insights that preserve pricing integrity for manufacturers.
“By aligning two platforms that prioritize the integrity of their data above all else, PriceSpider and ORIS are delivering the best-in-class platform for comprehensive brand protection,” said Anthony Ferry, CEO of PriceSpider. “ORIS shares our mission to deliver actionable insights that help brands navigate the complexities of today’s digital marketplace, including pricing and brand inconsistencies.”
The ORIS solution, which provides near real-time analytics into pricing inconsistencies and unauthorized sellers across online channels, will combine with PriceSpider’s innovative platform to form a robust offering that further establishes PriceSpider as the clear leader in empowering brands to sell more by leveraging actionable insights and tools that optimize consumer conversion.
“ORIS and PriceSpider are both committed to the quality of the data collection and ultimately, the completeness of the intel we are delivering is the only way to ensure manufacturers can effectively manage their brand integrity,” said Pamela Springer, CEO of ORIS Intelligence. “This collaboration helps brands understand their online footprint and gain the competitive edge they need.”
Leveraging its proprietary data collection technology, PriceSpider collects data from thousands of ecommerce sites to provide analytics into product data, competitive comparisons, purchase decisions and ultimately, helps brands enhance their presence and increase sales.
“PriceSpider is known for its Where to Buy solution and ORIS for its MAP platform, so this is a winning combination for the market,” added Lisa Stein, founder and chair of ORIS. “PriceSpider and ORIS technologies truly complement each other, and together deliver a revolutionary platform that ensures brands have the visibility and control they need to succeed.”
PriceSpider has been listed among the Inc. 5000 fastest-growing private American companies for the past two years in a row. Combining to serve more than 1,300 world-renowned brands, ORIS and PriceSpider together are positioned to continue their rapid growth in a wide variety of consumer and business-to-business industries.
“This is an exciting time to be in the business of helping brands protect their digital footprint and we are proud to support these two respective leaders as they bring a one of a kind, best-in-class solution to the market,” said Scott Hoch, partner at Frontier Capital.
For this transaction, Vaquero Capital LLC served as exclusive financial advisor to ORIS.
For more information, visit www.pricespider.com.
PriceSpider is an advanced retail data technology company that provides insights about consumer purchasing behavior for the world’s largest brand manufacturers. Powered by proprietary data collection technology that collects immense data sets from thousands of ecommerce sites, PriceSpider helps brands discover – with precision – what, where, when, and how people purchase. From enabling brand manufacturers to maintain brand consistency across online channels to giving shoppers easy access to authorized retailers, PriceSpider connects the dots between brands, retailers, and shoppers – delivering the ultimate conversion optimization platform and helping manufacturers know more to sell more. Connect with PriceSpider on Facebook, LinkedIn, and Twitter. Learn more by visiting www.pricespider.com.
About ORIS Intelligence
ORIS Intelligence delivers actionable insights that preserve pricing integrity for manufacturers to help them protect their brand. Built from the inside-out, ORIS Intelligence’s cloud-based platform helps solve the complex selling challenges of today’s manufacturers by patrolling and enforcing minimum advertised price (MAP) everywhere their products are sold online, including discovering unknown sellers. With ongoing, frequently-updated reports, a streamlined user interface and hands-on customer support, ORIS Intelligence lives at the intersection of all channels to ensure manufacturers can better support trusted retail partners, while maximizing margins and increasing revenue.