Tag Archives: Amit Menipaz

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eBay completes acquisition of visual search technologies pioneer Corrigon Ltd.

eBay completes acquisition of visual search technologies pioneer Corrigon Ltd.
eBay completes acquisition of visual search technologies pioneer Corrigon Ltd.

 

San Jose, California, 2016-Oct-31 — /EPR Retail News/ — UPDATE: eBay has completed the acquisition of Corrigon Ltd., a pioneer of visual search technologies.  Corrigon’s image recognition technology will enhance the eBay shopping experience.  The Corrigon team has joined eBay’s structured data organization and will be based in eBay’s Israeli Development Center in Netanya.

The below posting was originally published on October 5, 2016:

eBay has signed an agreement to acquire Corrigon Ltd., a pioneer of visual search technologies. Corrigon helps identify objects within an image, matching both visual and textual elements to ensure that the image is recognized, correctly classified and best-matched to its corresponding product. With more than one billion live listings on eBay’s platform, Corrigon’s expertise and technology will help match the best images to their products so that shoppers can be confident that what they buy is exactly what they see.  Corrigon is the third acquisition in 2016 to further bolster eBay’s structured data efforts, following the acquisitions of SalesPredict and Expertmaker.  Financial terms of the deal were not disclosed.

Corrigon brings deep experience in image processing and computer vision to eBay.  Specifically, Corrigon’s technology and expertise will contribute to eBay’s efforts with image recognition, classification and image enhancements as part of its structured data initiative. There are three parts to eBay’s structured data initiative: first, collect the data; second, process and enrich the data; and third, create product experiences. Corrigon will support the second and third parts – processing and enriching the data and creating product experiences.

“As we continue to evolve the eBay shopping experience, Corrigon’s technology and expertise will help buyers find the best results when shopping on eBay through experiences that were not possible a year ago, before our investments in structured data,” said Amit Menipaz, Vice President and General Manager of Structured Data at eBay. “Corrigon represents eBay’s third acquisition in the structured data space this year, further underscoring our commitment to powering deeper inventory insights for our sellers and compelling new user experiences for our buyers.”

“Corrigon’s state-of-the art visual search technology enables fine grained product detection within images. We look forward to applying our expertise and technology to eBay’s platform, which has more than a billion product images,” said Avinoam Omer, co-founder and CEO of Corrigon.  “Working in partnership with eBay’s structured data team, we will help eBay sellers list more efficiently and eBay buyers find what they are looking for faster in order to increase customer sales conversions.”

Upon the close of the transaction, the Corrigon team will join eBay’s structured data organization and will be based in eBay’s Israeli Development Center in Netanya.

Corrigon was co-founded in 2008 by Avinoam Omer and Einav Itamar.  Prior to Corrigon, Omer founded Zoomix (acquired by Microsoft), which developed machine learning technology for data quality and master data management and, before that, DataChase.

Contact:

United States: press@ebay.com
Canada: canada.press@ebay.com

Source: eBay

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eBay to acquire visual search technologies pioneer Corrigon Ltd

eBay to acquire visual search technologies pioneer Corrigon Ltd
eBay to acquire visual search technologies pioneer Corrigon Ltd

 

San Jose, California, 2016-Oct-07 — /EPR Retail News/ — eBay has signed an agreement to acquire Corrigon Ltd., a pioneer of visual search technologies. Corrigon helps identify objects within an image, matching both visual and textual elements to ensure that the image is recognized, correctly classified and best-matched to its corresponding product. With more than one billion live listings on eBay’s platform, Corrigon’s expertise and technology will help match the best images to their products so that shoppers can be confident that what they buy is exactly what they see.  Corrigon is the third acquisition in 2016 to further bolster eBay’s structured data efforts, following the acquisitions of SalesPredict and Expertmaker.  Financial terms of the deal were not disclosed.

Corrigon brings deep experience in image processing and computer vision to eBay.  Specifically, Corrigon’s technology and expertise will contribute to eBay’s efforts with image recognition, classification and image enhancements as part of its structured data initiative. There are three parts to eBay’s structured data initiative: first, collect the data; second, process and enrich the data; and third, create product experiences. Corrigon will support the second and third parts – processing and enriching the data and creating product experiences.

“As we continue to evolve the eBay shopping experience, Corrigon’s technology and expertise will help buyers find the best results when shopping on eBay through experiences that were not possible a year ago, before our investments in structured data,” said Amit Menipaz, Vice President and General Manager of Structured Data at eBay. “Corrigon represents eBay’s third acquisition in the structured data space this year, further underscoring our commitment to powering deeper inventory insights for our sellers and compelling new user experiences for our buyers.”

“Corrigon’s state-of-the art visual search technology enables fine grained product detection within images. We look forward to applying our expertise and technology to eBay’s platform, which has more than a billion product images,” said Avinoam Omer, co-founder and CEO of Corrigon.  “Working in partnership with eBay’s structured data team, we will help eBay sellers list more efficiently and eBay buyers find what they are looking for faster in order to increase customer sales conversions.”

Upon the close of the transaction, the Corrigon team will join eBay’s structured data organization and will be based in eBay’s Israeli Development Center in Netanya.

Corrigon was co-founded in 2008 by Avinoam Omer and Einav Itamar.  Prior to Corrigon, Omer founded Zoomix (acquired by Microsoft), which developed machine learning technology for data quality and master data management and, before that, DataChase.

Contact:

United States: press@ebay.com
Canada: canada.press@ebay.com

Source: eBay

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Sweden-based AI, machine learning and big data analytics company Expertmaker acquired by eBay

San Jose, California, 2016-May-06 — /EPR Retail News/ — Today, eBay announced it has agreed to acquire Sweden-based Expertmaker, which specializes in providing intelligent solutions powered by artificial intelligence (AI), machine learning and big data analytics. Expertmaker has been a partner of eBay’s since 2010, most recently helping with eBay’s structured data initiative. Financial terms of the acquisition were not disclosed.

Upon the close of the transaction, Expertmaker’s employees will join eBay’s structured data product and technology team.  Expertmaker’s Founder and CEO, Lars Hard, will join as Director, Data Science reporting into Amit Menipaz’s organization.

“As a part of eBay, Expertmaker’s technology, expertise and talented engineers will play an important role in helping advance eBay’s structured data initiative,” said  Vice President and General Manager of Structured Data at eBay. “eBay’s structured data effort is a multi-year journey, and we believe the innovation and significant expertise that Expertmaker brings to eBay will help us build a best-in-class product catalog and in turn better serve our customers.”

“Expertmaker is excited to join the eBay team, bringing innovative artificial intelligence, machine learning and large-scale optimization technology to eBay’s structured data initiative,” said Lars Hard, Founder and CEO of Expertmaker. “In partnership with eBay, we will be able to transcend traditional machine learning approaches to create adaptive and learning solutions using the Expertmaker platform.”

eBay remains focused on driving the best choice, the most relevance and the most powerful selling platform for its customers. One component of eBay’s strategy to drive the most relevance is its shift to be more product-based.  With this initiative, which eBay calls structured data, the company is organizing its vast inventory in order to better aggregate insights into supply and demand. This structured data foundation will allow eBay to build better user experiences and improve discoverability.

With over 900 million listings on eBay, there are three key efforts that comprise eBay’s structured data initiative: collect the data; process and enrich the data; and create product experiences.  Expertmaker will contribute to data processing and enrichment, specifically with respect to product attribute normalization.

Expertmaker was founded in 2006 by Lars Hard. Prior to Expertmaker, Hard was involved in founding a variety of startups with a focus in advanced AI, machine learning, math and big data, including Lytics.ai and Dragonfire Research. Hard will continue to lead his team as a part of eBay and serve as a visiting lecturer at Lund University in Sweden.

Contacts:
eBay
United States: press@ebay.com
Canada: canada.press@ebay.com

Source: ebay

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SWEDEN-BASED AI, MACHINE LEARNING AND BIG DATA ANALYTICS COMPANY EXPERTMAKER ACQUIRED BY EBAY

SWEDEN-BASED AI, MACHINE LEARNING AND BIG DATA ANALYTICS COMPANY EXPERTMAKER ACQUIRED BY EBAY