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EBay to buy AI-backed solutions provider

EBayInc. agreed to acquire Sweden-basedExpertmaker, a provider of artificial intelligence-backed solutions, machinelearning and big data analytics, for an undisclosed sum.

The acquisition will help advance eBay's structured datainitiative, eBay Vice President and General Manager of Structured Data AmitMenipaz said in a May 5 news release.

Post-transaction, Expertmaker workers will join eBay'sstructured data product and technology team, while Expertmaker founder and CEOLars Hard will join as director of data science, reporting to Menipaz.

EBay said it is organizing its inventory to better aggregateinsights into supply and demand, and that a structured data foundation willallow the company to improve user experience and discoverability.