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eBay completes buyout of open source e-commerce platform
SAN JOSE, Calif. — eBay announced that it has completed its previously announced acquisition of Magento Inc., the creators of Magento, a leading open source e-commerce platform. The deal follows eBay’s acquisition of a minority stake in the company in 2010. eBay now owns 100% of the outstanding shares of Magento. Terms of the deal were not disclosed.
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Liz Claiborne renews cloud supply chain contract with GT Nexus
Oakland, Calif. -- GT Nexus announced Tuesday that Liz Claiborne has extended its contract for a supply chain visibility and control platform.
Delivered as a cloud service, the platform gives Liz Claiborne the capability to tightly monitor and control inventory flows between suppliers, logistics providers, distribution centers and customers.