The amount of the deal was not disclosed.
Founded in 2008 by CEO David Holender, Vaimo provider of commerce solutions to B2B and B2C merchants, brands and manufacturers. In 9 years, the company has deployed more than 400 websites on the Magento platform, has over 300 employees, in 15 offices in 12 countries worldwide.
transcosmos formed a capital and business alliance with Vaimo in September, 2015, to enable merchants to venture into the e-commerce market in Europe and to enable Vaimo clients to enter Asian markets.
Going forward, transcosmos will further strengthen its partnership with TRANSCOSMOS (UK) LIMITED, its sales/business base in London, U.K., and transcosmos Information Systems Limited (TCIS), the U.K.-based call center/BPO services company that has service offices in the U.K., U.S., Hungary, Romania, Poland and the Philippines, enabling the delivery of its e-commerce services through the integration of Vaimo’s commerce solutions delivery capabilities and TCIS’s operational capabilities.