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Jenzabar acquires Allurent
[January 11, 2011]

Jenzabar acquires Allurent


Jan 11, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- Jenzabar, Inc., a provider of Internet enterprise software, e-learning solutions and services, has acquired Allurent, Inc., a provider of Allurent on Demand SaaS (Software as a Service) platform. Both the companies are based in the US.



Earlier, Allurent had secured venture funding from Polaris Venture Partners and GSI Commerce, Inc.

Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2011-01-10 Deal Participants Target (Company) Allurent, Inc.


Acquirer (Company) Jenzabar, Inc.

Vendor (Company) GSI Commerce, Inc.

Deal Rationale By integrating Allurent's technology with the Jenzabar suite of products and supporting investment in the next generation of Allurent solutions, Jenzabar will enable its customers to realize even greater levels of success.

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