Company news

  • Updated: January 3, 2013 - 9:39 PM
MERGERS AND ACQUISITIONS

Digital River Inc., Minnetonka, has sold subsidiary CCNow Inc. to Snorrason Holdings, a privately held e-commerce service provider. CCNow is an online retailer and provider of online checkout services primarily for small to midsize businesses. Snorrason purchased CCNow in an all-cash transaction. Digital River will continue to provide global e-commerce and e-marketing services for small to midsize businesses through its MyCommerce solution.

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