King of Prussia-based GSI commerce exits big to eBay. eBay is plenty familiar with Philly, snapping up Half.com in 2000.
eBay has just announced that it has agreed to buy GSI Commerce, a provider of ecommerce and interactive marketing services, for $29.25 a share, or total consideration of approximately $2.4 billion. The acquisition, which will be financed with cash and debt, is expected to close in Q3 2011.
The Meet Group adds a same-sex dating app to its portfolio
TechGirlz just got acquired by CompTIA’s nonprofit arm
Big exit alert: Roche to buy Philly’s Spark Therapeutics in $4.8B deal
Why Deacom’s team prioritizes collaboration and continuous improvement
Shut down in 2016, IntroNet just got sold to a New York-based SaaS company
Dev shop Happy Cog acquired by NYC firm Vector Media Group
This $390-million Grubhub deal was good for Dreamit
Engineers have Vistar Media’s Philly office all to themselves
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