Cambridge, MA-based e-commerce firm Art Technology Group (NASDAQ: [[ticker:ARTG]]) will acquire Seattle’s CleverSet for some $10 million in cash, not counting closing adjustments. CleverSet’s technology for automated personalization recommendations can be used for retail, manufacturing, telecommunications, financial services, travel and hospitality, and other applications, according to the announcement.
Author: Rebecca Zacks
Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.
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