In December, distributed order management developer, Shopatron, and eCommerce software and services provider, MarketLive, were acquired and merged by Vista Equity Partners. Yesterday, Vista Equity Partners announced the acquisition of Fiverun, a leading innovator in the mobile point of sale (mPOS) arena.
Together, MarketLive, Shopatron and Fiverun create a new unified omnichannel commerce company called Kibo.
Kibo is the only company to offer a Cloud-based, end-to-end commerce solution for retailers and branded manufacturers, allowing them to unify the consumer experience and meet shopper demands anywhere, any time and on any device.
Kibo provides everything retailers need to run an omnichannel commerce business: from in-store offerings like point-of-sale, dynamic payment processing and store optimization; to online applications like web-based merchandising, website content management and design; to distributed order management for omnichannel fulfillment. Kibo will also provide integrated search functions and back-end support for warehouse management, shipping, reporting, analytics and customer loyalty programs.
The newly formed company will be lead by Kenneth Frank, who recently served as COO of the Vista portfolio company Aptean software. Kenneth brings more than 20 years of global experience in the software industry, with a particular focus on operations, product development and strategic growth.
If you have any questions about the Kibo omnichannel commerce platform, please visit www.kibocommerce.com, call 877-350-3866 or contact your account manager.
