GSI Commerce Buys Retail Convergence
November 19, 2009 (FinancialWire) — E-commerce and interactive marketing services provider GSI Commerce Inc. (NASDAQ: GSIC) has closed its acquisition of Retail Convergence Inc., a Boston-based company.
The acquired firm operates RueLaLa.com, a firm engaged in the private sale space, and SmartBargains.com, an off-price e-commerce marketplace.
GSI Commerce≡ is a provider of services that enable e-commerce, multichannel retailing and interactive marketing for large, business-to-consumer enterprises in the U.S. and internationally.
The company offers solutions through an e-commerce platform, which is comprised of technology, fulfillment and customer care and is available on a modular basis or as part of an integrated, end-to-end solution.
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