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August 8, 2011 05:29 pm GMT
Plimus, a company that provides a SaaS to power e-commerce for retailers, has been acquired by private equity firm Great Hill Partners For $115 million. Primus has previously raised $18 million from Susquehanna Growth Equity. Plimus builds and manages online businesses for thousands of software publishers, Web hosting companies and online retailers. A business can choose Plimus hosted application that spans the entire e-Commerce lifecycle, or it can deploy the a 'Plimus Buy Anyware' API which allows retailers to integrate the technology with existing solutions.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/z_h65y7FA10/
E-Commerce Platform For Retailers Plimus Acquired By PE Firm For $115 Million
Plimus, a company that provides a SaaS to power e-commerce for retailers, has been acquired by private equity firm Great Hill Partners For $115 million. Primus has previously raised $18 million from Susquehanna Growth Equity. Plimus builds and manages online businesses for thousands of software publishers, Web hosting companies and online retailers. A business can choose Plimus hosted application that spans the entire e-Commerce lifecycle, or it can deploy the a 'Plimus Buy Anyware' API which allows retailers to integrate the technology with existing solutions. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/z_h65y7FA10/
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