Type Subsidiary | Founded 1999 | |
Industry Internet Services : Comparison Shopping : Distributed Content Commerce Founder Tamim MouradKamran Pourzanjani Headquarters Los Angeles, California, U.S. Key people Steve Krenzer, CEOJeff Goldstein, President, Rojeh Avanesian, SVP of Sales and MarketingDominique Jean, CTO | ||
PriceGrabber.com is a price-comparison shopping site and distributed content commerce service founded in 1999 by former CEOs Kamran Pourzanjani and Tamim Mourad. The company partners with merchants, retailers, and sellers to provide information on a wide range of products. The company also serves as the data source for numerous other shopping websites, including AOL Shopping, Bing Shopping, About.com's ConsumerSearch, iVillage, Comcast, Yahoo!, MSN Shopping and CNET. PriceGrabber.com was the first comparison-shopping engine to project tax and shipping cost information for a consumer during the price comparison process, hence offering a more complete view of final costs.
Acquisitions
In 2005, PriceGrabber was acquired by Experian for $485 million, negotiated by then CEO Kamran Pourzanjani who founded the company along with Tamim Mourad in 1999.
In October 2012, Experian announced that it had completed the sale of PriceGrabber, LowerMyBills, and ClassesUSA.com to the management team of those businesses for an undisclosed amount.
In June 2015, Connexity (formerly Shopzilla) announced it had purchased PriceGrabber, Inc. for an undisclosed amount.