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Quote:ChannelAdvisor has acquired Marketworks, adding to the consolidation in the eBay auction-management space. Last year, Vendio acquired the assets of Andale. All four companies were founded in 1999 to provide eBay sellers with auction-management tools and services.

ChannelAdvisor, which did not disclose the purchase price, said it will continue to support and invest in Marketworks' customers and products. It will allow customers to move from one platform to the other...

Quote:Following this acquisition ChannelAdvisor will have:

    * 5,500 customers on a global basis
    * $2,500,000,000 in annualized GMV (Gross Merchandise Value)