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Friday, January 14, 2005

eBay Acquires StoreSense

eBay made a cash-only transaction with Kurant to acquire most of their assets, including their flagship product, StoreSense. eBay also plans to hire pretty much all of Kurant's staff and continue to support their existing customers.

Personally, I don't exactly know why... StoreSense really isn't anything that someone couldn't recreate, but whatever... Since eBay is going to raise their fees, they have to figure out how to spend it I guess.

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