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eBay Buys German Auction Site Afterbuy.com

By David Kaplan - Thu 04 Oct 2007 05:28 AM PST

eBay (NSDQ: EBAY) has acquired ViA-Online GmbH, the German auction management software developer that operates Afterbuy.com. Terms of the deal were not disclosed. The addition of Afterbuy gives eBay the ability to employ professional trading on its German site and other online marketplaces. In return, aligning itself with eBay lets Afterbuy, which focuses on selling items related to business management, tap the e-commerce expertise and resources of eBay. Afterbuy will continue to operate under its current brand name and will remain in Krefeld, Germany. Release

Posted in: Countries, UK & Europe, Germany, Technologies/Formats, E-commerce, VC+M&A


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