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NETSUITE ACQUIRES VENDA Featured

Eric Abensur, VendaNetSuite has acquired Venda, a London, England-based company that markets e-commerce products. Terms were not disclosed. Venda offers the Convergent Commerce Platform as a comprehensive ecommerce platform enabling retailers and brands to deliver a unified experience across online, mobile, social and in-store. Venda’s products can handle multi-lingual and multi-currency needs and the company says it “combines flexibility, reliability and scalability with the operating advantages of an outsourced service.”

Venda has offices in New York, London and Bangkok and its installed base focuses on the retail vertical. The fact this came through about the same time HighJump Software purchased Atlas Data Products International, another U.K.-based company that is involved in EDI and e-invoicing, makes it look like we have a trend here. Venda, founded in 2001, is headed by CEO Eric Abensur and has 240 employees.

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