Announced

team.blue to acquire Shoptet.

Synopsis

team.blue, a European digital company that provides small and medium-sized businesses with domain registration, web hosting and online marketing services, agreed to acquire Shoptet, an e-commerce platform for creating and managing online stores. Financial terms were not disclosed. "The partnership with team.blue gives us an enormous opportunity to accelerate innovation, expand our reach, and bring even more value to our customers. We will remain the trusted brand Shoptet that online store owners know, but we will gain strong backing, know-how from Europe’s best experts, and resources to take our platform to the next level," Jan Hospodka, Shoptet COO.

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