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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Pet Tech

Rover and DogVacay Merge to Create an Even Bigger Pet-Sitting Network

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Rachel King
Rachel King
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Rachel King
Rachel King
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March 30, 2017, 5:49 AM ET
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In a sign that pet tech businesses are consolidating, a pet-sitting service is finding a new home.

Rover, which touts itself as “the nation’s largest network of pet sitters and dog walkers,” is acquiring DogVacay, a similar online service advertising to connect pet owners with on-demand pet-sitters and dog-walkers.

Rover confirmed the news in a statement on Wednesday. Terms of the deal have not been disclosed, but tech news site TechCrunch said it was an all-stock deal.

Both companies launched and relied upon online and mobile-first strategies in growing its networks of pet-sitters with services for dog-walking, pet-sitting, and overnight care at pet owners’ homes.

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With the merger, Rover boasts the combined network will offer access to more than 100,000 top user-rated pet-sitters across the United States and Canada.

But Seattle-based Rover is the one wagging its tail and growing bigger here as it will be using DogVacay’s resources to expand internationally. TechCrunch said approximately 22 jobs will be cut as the remainder of the Santa Monica, Calif.-based DogVacay moves to the new team to the north.

DogVacay CEO and co-founder Aaron Hirschhorn will be one of those staying on with Rover as he will join the company’s board of directors. Aaron Easterly will continue to serve as Rover CEO.

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