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eBay acquires King of Prussia's GSI Commerce for $2.4B

Online auction giant eBay announced it will acquire GSI Commerce, a leading provider of eCommerce and interactive marketing services, according to GigaOm.

Auction giant eBay said today that it will buy GSI Commerce, a King of Prussia, Pa.-based provider of e-commerce and marketing services for a whopping $2.4 billion in cash and debt. The deal is part of eBay's continued makeover from an auctions-oriented company to an e-commerce platform.

Source: GigaOm

Read the full story here.



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