San Jose, California -- EBay, the U.S.-based online auction giant,
announced that it has completed its 519-million-euro acquisition of
Shopping.com, a provider of online comparison shopping services and
consumer reviews. The deal was first announced on June 1.
Shopping.com, which has dual headquarters in Israel and the U.S.,
operates web sites in the U.S., the U.K. and France and has
approximately 50 million unique visitors a month, according to
comScore Media Metrix. eBay said it agreed to buy Shopping.com to
strengthen its ability to bring consumers online comparison shopping.
The company also said that it expects the acquisition to have no effect
on its full-year 2005 pro forma diluted earnings per share (EPS).
http://investor.ebay.com/releases.cfm
