Germany and Palo Alto-based m-commerce platform Shopgate has made its first acquisition: The Creathor Ventures and Northcap-backed company has acquired Magento developer MagCorp for an undisclosed fee. The move — which, since it’s buying developer talent and expertise, might best be categorised as an acqui-hire — will see MagCorp’s four developers join Shopgate’s existing 132 strong team at its campus in Butzbach, Germany.
Shopgate lets merchants build a mobile store-front using its platform, enabling them to be up and running with either a native app or browser-based m-commerce offering. Where it claims to beat much of the competition is that it integrates with popular web-based e-commerce and shopping cart provider APIs, including, of course, Magento, which means that Shopgate is pretty much plug-and-play with most of the online store backends that retailers are already using.
That’s where today’s small acquisition comes into play. MagCorp’s team of four — Alexander…
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