Nosto Acquired SearchNode, Adding Ecommerce Search to its Commerce Experience Platform

Nosto Acquired SearchNode, Adding Ecommerce Search to its Commerce Experience Platform

Company Announces Second Acquisition, SearchNode, Affirming Position as Market Leader in Shopify Plus Ecosystem

NEW YORK (PRWEB) JANUARY 5, 2022 — Nosto, an AI-powered commerce experience platform, announced it had acquired SearchNode, a global cloud-based ecommerce search technology company. This transaction marks the second acquisition for Nosto, after completing the acquisition of Stackla Visual UGC in May 2021.

Why Nosto acquired SearchNode

“Every retailer knows just how critical search is to the online shopping journey. It’s one of the strongest signals of buying intent. But, until now, all that valuable search data has been left siloed within stand-alone tools. The result is a fragmented, frustrating shopping experience where customers find it hard to find what they are looking for and a huge opportunity cost for retailers,” said Jim Lofgren, CEO at Nosto.

“Our acquisition of SearchNode changes all that. As we integrate personalized search into our AI-powered commerce experience platform, for the first time, retailers will be able to leverage the full power of search data across the entire store to deliver seamlessly connected, personalized commerce experiences from the moment a user lands on their site.”

The strategic acquisition of SearchNode’s award-winning search technology will allow Nosto clients to implement site-wide personalization, merchandising, segmentation, and testing strategies natively to optimize the entire shopping journey. 

From SearchNode’s CEO…

“In joining Nosto, we’ll be able to pair SearchNode’s natural language processing search technology with Nosto’s market-leading personalization and merchandising capabilities to deliver not only the most relevant search results but also a unique and most advanced out of the box offering to optimize site-wide experiences,” said SearchNode CEO & Co-founder, Antanas Bakšys.

With the addition of Visual UGC and Search integrated into the core of the Nosto Commerce Experience Platform, Nosto becomes the first company globally to offer retailers a complete range of commerce experience optimization capabilities within a single, unified platform.

The terms and conditions of the acquisition, subject to regulatory and other approvals and conditions, were not disclosed.

Explore more articles

Nosto recognized in the 2024 Gartner ® Magic Quadrant™ for Search and Product Discovery 
Ecommerce Nosto recognized in the 2024 Gartner ® Magic Quadrant™ for Search and Product Discovery 

We are proud to announce that Nosto has been recognized in the 2024 Gartner Magic Quadrant for Search and Product Discovery for our Completeness of Vision and Ability to Execute.  A recognition in Search and Product Discovery (S&PD) Industry analyst firm, Gartner, has just published its report evaluating the commerce search and product discovery market: […]

Read more
New research: How international ecommerce brands can combat hesitations of cross-border shoppers
Ecommerce New research: How international ecommerce brands can combat hesitations of cross-border shoppers

Technology has long paved the way for consumers to shop beyond their own domestic markets. Today, a growing pool of international ecommerce brands are enticing overseas shoppers with unique product offerings, competitive pricing, and more. But while the global cross-border ecommerce market may be flourishing, new research reveals that many shoppers have concerns, hesitations, and […]

Read more
Nosto expands partner program with new ‘Platinum’ tier and Technical Mastery Certification, recognizing its most successful agency partners
News & Press Nosto expands partner program with new ‘Platinum’ tier and Technical Mastery Certification, recognizing its most successful agency partners

New York, May 10, 2024—Nosto, the leading Commerce Experience Platform (CXP), today, announced updates to its partner program, including a ‘Technical Mastery Certification’ and a new ‘Platinum’ tier, to deepen its relationships with leading ecommerce agencies. Nosto’s new ‘Technical Mastery Certification’ (now available within its broader CXP Certification Program) invites agency partners to gain a […]

Read more
Social commerce in 2024: Top tips for brands tackling TikTok
Ecommerce Social commerce in 2024: Top tips for brands tackling TikTok

Why should you be on TikTok business? TikTok has skyrocketed in recent years as a platform and continues to grow exponentially, offering brands an unparalleled opportunity to connect with a huge – and very engaged – audience. It has over two billion users projected by the end of 2024 and sales predicted to reach $79.64 […]

Read more