eBay acquires predictive analytics startup SalesPredict to boost its machine learning

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Although financial terms of the deal were not revealed, it's said that an undisclosed number of SalesPredict employees will be joining eBay's team, working out of the Israeli development center in Netanya, including SalesPredict chief executive Yaron Zakai-Or, who will be director of product management for technology, and chief technology officer Kira Radinsky, who's been named director of data science and the chief scientist for eBay in Israel. Founded in 2012, SalesPredict specializes in helping businesses grow revenue through analytics that identify ideal potential prospects, thereby improving conversion to actual customers. It follows similar moves, including its pickup of AI startup ExpertMaker in May. In a statement, Zakai-Or explained that by being a part of eBay, "we will help arm eBay sellers with more information about the value of items, ultimately helping to increase customer sales conversions." The inclusion of SalesPredict seems to match the second part of this strategic effort.