CrowdSource Acquires Servio
In a merger of providers of crowd sourcing solutions, CrowdSource announced Thursday that it has acquired Servio, a competitor.
Terms were not disclosed, and the transition is expected to close by the end of the month. The combined company will include such retailers as Overstock, Staples, and Toys “R” Us.
“Servio built a great team, a skilled workforce and a solid platform. The industry as a whole is experiencing tremendous growth and this acquisition solidifies our position as the leading provider of managed crowdsourcing solutions,” CrowdSource Co-Founder and CEO Stephanie Leffler said as part of the announcement.