Breaking Finance News

Yahoo Acquires E-commerce App Lexity

In a post on the company’s blog, Lexity, a company that creates e-commerce solutions for small businesses, said that it was acquired by Yahoo (NASDAQ: YHOO)

Lexity is best known for Commerce Central–a cloud-based platform that makes it easy for developers to build e-commerce apps that integrate with popular e-commerce platforms.

In a blog post, it said,

Today, we are excited to join forces with Yahoo! and to continue building on our vision. Together, we are committed to doing whatever it takes to help make small businesses even more successful.

No details on the transaction were released and Yahoo has not commented on the acquisition.

[stock-tools exchange="NASDAQ" symbol="YHOO" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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