Feeds

GUS hands over $485m for PriceGrabber.com

Whatever

Beginner's guide to SSL certificates

GUS plc - the UK-based retail and business services group that owns Argos and Experian - is forking out $485m for shopping comparison site PriceGrabber.com.

The US outfit enables punters to check out the prices of thousands of different products on offer from retailers enabling them to compare items before making a purchase.

GUS reckons the site is a perfect fit for its business by giving its retail and catalogue clients yet another channel to market.

Last month PriceGrabber.com attracted some 17m visitors to the site while over the last 12 months it has generated sales of $60m and earnings before interest and tax of $25m.

Experian chief exec Don Robert said PriceGrabber.com has a "leading position in a fast-growing market".

"When combined with the complementary skills, expertise and scale of Experian, in both interactive and marketing, we are very excited about the future growth prospects for PriceGrabber.com," he said.

In May, Experian shelled out $330m to acquire US online business LowerMyBills.com, which provides customers with a free online service to compare prices for everyday products such as loans, mortgages, insurance and phone tariffs. ®

The next step in data security

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.