Austin’s RetailMeNot, a company offering discounts and coupons to consumers for a variety of products, announced the acquisition of LowestMed on Tuesday.

LowestMed, which will has been rebranded as RetailMeNot Rx Saver, lets users research and compare prescription drug prices and offers coupons for FDA-approved prescriptions at local pharmacies.

“Many consumers don’t know that they can easily save money on their prescription medications,” said RetailMeNot CEO and founder Cotter Cunningham in a media release.

RetailMeNot Rx Saver users enter a name of a prescription drug and their ZIP code, and the service shows the price of the medication at local pharmacies after a discount coupon is applied.

512-777-2970. www.retailmenot.com/Rxsaver