@WalmartLabs Acquires Adchemy


Jeremy King of WalmartLabs reports, "We’re thrilled to welcome 60+ talented technologists from Adchemy to @WalmartLabs, adding to our expertise in areas like semantic search, data analytics and marketing. Getting to where we are today has been quite a ride. Several years ago we realized that to scale e-commerce to Walmart’s 245 million weekly customers around the world, we needed world-class talent and agile teams that could develop innovative and scalable technologies. We set forth to recruit, acquire and integrate the best technologies and talent in Silicon Valley. It started with the creation of @WalmartLabs three years ago, which is the tech and innovation arm of Global eCommerce. And, Adchemy is our twelfth acquisition since Labs’ creation, and one of our largest to date in terms of people."


King continues, "Adchemy is a product search company and a leader in e-commerce technology. The company was founded in 2004 in Foster City, Calif., and over the years has built an impressive team that will help Walmart transform the shopping experience for millions of shoppers each week. This latest acquisition continues our quest to build best-in-class e-commerce capabilities in-house. We have been hiring highly-talented teams organically and are augmenting that by acquiring talent to build our own technologies that can scale with our global business. Among the talented team joining us are Rohit Deep who was the VP of Engineering and was previously the Chief Architect and Engineering Lead at WebEx; Ethan Batraski who served as VP of Products, formerly the head of search innovation at Yahoo!; and data scientist Esteban Arcaute, Head of Research, who holds a PhD from Stanford and also worked at Yahoo!. "


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Image: Courtesy @WalmartLabs