eBay Buys RedLaser; To Integrate In iPhone Apps

Symbols: EBAY
Tags: RedLaser
Posted in: News, Markets
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eBay (NASDAQ: EBAY) has announced the acquisition of RedLaser, an iPhone application for nifty barcode scanning, and the associated technology from Occipital. EBAY has not disclosed the terms of the deal.

The RedLaser application, which compares prices of products in its database, has been downloaded two million times from the App Store. RedLaser is one of the most popular barcode-scanning applications for comparison shopping and has been specifically designed for non-autofocus cameras such as mobile phones. eBay plans to integrate the application in iPhone Apps.

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