Shopgate, a Palo Alto, CA- and Butzbach, Germany-based mobile commerce solution provider acquired MagCorp, a Magento developer.
The amount of the deal was not disclosed.
MagCorp’s team, which includes Magento developers Alexander Wesselburg, André Kraus, Stephan Recknagel and Peter Liebig, will join a 132 team at the Shopgate Campus in Butzbach, Germany to bolster M-Commerce Magento Integration.
Founded by Andrea Anderheggen and Ortwin Kartmann and backed by Creathor Venture Management and Northcap, Shopgate develops customized native apps and mobile sites for online shops. The company’s solutions are today used by more than 5,200 merchants in five countries.
FinSMEs
12/02/2014