EBay is buying GSI Commerce, which provides back-end e-commerce and marketing services to companies, for $2.4 billion.
"The acquisition of GSI, which offers the most comprehensive integrated suite of online commerce and interactive marketing services available, will significantly strengthen our ability to connect buyers and sellers worldwide," said John Donahoe, eBay's President and CEO. "Combined with eBay Marketplaces and PayPal, we believe GSI will enhance our position as the leading strategic global commerce partner of choice for retailers and brands of all sizes." |
Monday, March 28, 2011
EBay Continues Acquisition Spree With $2.4 Billion Purchase of GSI Commerce [eMoney]
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