Georgian Partners-backed Terapeak to be sold to eBay

U.S. e-commerce business eBay Inc has agreed to acquire Terapeak Inc, a Canadian e-commerce supply, demand and pricing data and analytics platform. No financial terms were disclosed. With the deal's close, expected before the end of this year, eBay said it will begin integrating functionality from Terapeak into its Seller Hub to help merchants manage and scale their operations. Launched in 2004 by Andrew Sukow and Anthony Sukow, Terapeak has its offices in Victoria, British Columbia and Toronto. It has been backed by Canadian growth equity firm Georgian Partners and other investors. Georgian invested $4 million in the company in 2010.

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