Demandware Snags Point Of Sale Provider Tomax To Extend Reach From Web To Store

▤ Summary

The company, which is based in Salt Lake City, Utah also includes 100 engineers with deep domain expertise, which Ebling pointed out also has great value. Ebling said in the short term, the two companies will strive to provide working integration between products, and as they get more comfortable collaborating together, they will aim for deeper consolidation. She said, by this year, they found that free shipping at the holidays on eCommerce sites was common practice, but retailers reported that after December 19th, it failed to be an incentive. Ebling said that $15M of the $75M purchase price had been set aside as incentives to keep key Tomax personnel onboard for an extended period of time after the sale. Today’s purchase follows Mainstreet Commerce, an inventory management and fulfillment company last January and CQuotient, an analytics solution for retailers this past October.

▦ Linked Companies

Demandware

$50M to $100M

CQuotient

$10M to $25M