Thursday, August 1, 2013

Blucora Buys Electronics E-Commerce Firm Monoprice

Bellevue-based Blucora, the firm behind InfoSpace and TaxACT, has acquired an e-commerce firm called Monoprice, in a deal worth $180M in cash. Monoprice is a provider of self-branded, consumer electronics and home theater products, and is based just East of Los Angeles, in the city of Rancho Cucamonga. Bluecora said the buy will add a rapidly growing, differentiated e-commerce provider to its portfolio.