Skip to main content

Market Overview

Bridgeline Digital To Acquire Product Search, Recommendation Engine Hawksearch For Undisclosed Sum

Share:
Bridgeline Digital To Acquire Product Search, Recommendation Engine Hawksearch For Undisclosed Sum
  • Bridgeline Digital Inc (NASDAQ: BLINinked an agreement to acquire the intelligent product search and recommendation engine, Hawksearch.
  • The financial terms of the transaction were not disclosed.
  • Hawksearch’s AI-powered technology offers customized site search and intelligent recommendations that connect customers with hyper-relevant products and boost online revenue.  
  • Hawksearch will play a pivotal role in delivering Bridgeline’s eCommerce360 strategy and has advanced AI-driven technology that complements its existing product portfolio, Bridgeline CEO Ari Kahn said.
  • Hawksearch, combined with the growing Bridgeline product suite, will enable Hawksearch to deliver new unmatched capabilities and create opportunities to enhance its SEO capabilities for customers to increase site traffic with Bridgeline’s WooRank products, Hawksearch GM Michael Benedict said.
  • Bridgeline held $1.3 million in cash and equivalents as of Dec. 31, 2020.
  • Price action: BLIN shares traded higher by 5.70% at $2.41 on the last check Wednesday.
 

Related Articles (BLIN)

View Comments and Join the Discussion!

Posted-In: artificial intelligence BriefsM&A News Penny Stocks Tech Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com