Yahoo! Acquires Lexity

Lexity (formerly known as Vurve), a Mountain View, CA-based ecommerce startup, has been acquired by Yahoo! (Nasdaq: YHOO)

The amount of the transaction was not disclosed.

Founded by CEO Amit Kumar, Lexity has developed a range of apps for businesses to improve  sales. Its flagship product is Lexity Live, a free real time app for visitor tracking, analytics and insights for ecommerce.
The company’s app gallery offers marketing solutions to address advertising on multiple channels, set up a storefront on Facebook, real-time chats, etc.
It serves tens of thousands of customers across 114 countries.

Lexity will continue to run all of its apps, which will be renamed with Yahoo branding.



Related News
08/03/2011: Vurve Raises $4.5M in Series A Financing

Join the discussion