Mergers and Acquistions News
Categories: Telecoms
September 11th 2009, 17:05PM
E-commerce platform provider CommerceV3 has announced a merger with online marketing agency Timberline Interactive.
It is hoped by both firms that the combined company will unite an online store platform with a large array of e-commerce marketing services.
"This deal brings together two leading e-commerce companies who can now offer both pieces: the online marketing services to drive traffic and the online store technology to convert it to sales," commented Tom Funk, vice-president of marketing at the new organisation.
The merger is "big news in multi-channel and direct marketing services", according to Scott weaver of Atlanta-based software firm Colinear Systems.
He added that anybody who has searched for products on Google or shopped online has probably dealt with one of the two firms without knowing it.
Commerce V3 provides a web-based system which allows users to create and customise their own online storefronts and features integration with order management packages.
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