Pent-Up Demand for E-Commerce Technology Drives M&A
For nearly a decade, e-commerce has plodded along, but now an explosion of mobile commerce driven by changes in consumer behavior is fueling deals, HGGC CEO Rich Lawson tells Mergers & Acquisitions editor-in-chief Mary Kathleen Flynn. HGGC recently invested in MyWebGrocer Inc., which provides digital marketing services for grocery stores. The firm also sold Hybris Software, which develops e-commerce software, to SAP AG (NYSE: SAP). For more, see our recent profile of Lawson.
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