Pricing Intelligence Firms PriceSpider and ORIS Merge

Consumer analytics technology firm PriceSpider has acquired pricing data specialist ORIS Intelligence for an undisclosed sum.

ORIS offers a cloud-based platform which delivers near real-time analytics into pricing inconsistencies and unauthorized sellers across online channels. The solution watches and enforces minimum advertised price (MAP) everywhere clients' products are sold online. Its new owner PriceSpider uses proprietary technology to collect data from thousands of eCommerce sites and provide analytics covering product data and purchase decisions, plus competitive comparisons.

Anthony Ferry, CEO of PriceSpider, comments: '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. ORIS shares our mission to deliver actionable insights that help brands navigate the complexities of today's digital marketplace, including pricing and brand inconsistencies'.

Web sites: www.pricespider.com and www.orisintel.com .