eBay Buys Israeli Visual Search Co. Corrigon

October 6, 2016 | eBay has announced that it has signed an agreement to acquire Israeli visual search technologies developer Corrigon Ltd.. No financial details about the deal were disclosed but media reports suggest that eBay will be paying $20-30 million for the Tel Aviv based startup. Corrigon helps identify objects within an image, matching both visual and textual elements to ensure that the image is recognized, correctly classified and best-matched to its corresponding product. Corrigon is eBay’s second acquisition in Israel in 2016 following the purchase of SalesPredict, which uses advanced analytics to predict consumer-buying behavior, for about $40 million.