Thursday, July 8, 2010

NexTag Buys Wize

San Mateo-based NexTag, which operates an online comparison shopping website, said today that it has acquired Burlingame-based Wize, a product recommendation research engine. Financial terms of the buy were not disclosed. Wize was venture backed by Mayfield Fund and Bessemer Venture Partners. Wize's President and CEO, Tom Patterson, will join the firm, and NexTag said it would continue to maintain Wize's offices, employees and management team.