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EBay buys e-commerce tools from Kurant
By Laura Rohde

EBay Inc. will buy the technology assets of Kurant Corp., a company that makes e-business software for small and medium-size businesses.

The online auction company was primarily interested in acquiring Kurant's software relating to online stores, the companies said in a statement Thursday. Terms of the cash deal, which is expected to close by the end of March, were not disclosed.

Kurant's flagship product is StoreSense, a software package for building e-commerce Web sites that includes software for supply chain management, secure transaction processing and wireless shopping.

EBay expects to hire nearly all of Kurant's employees and to support its current customers.

Representatives for eBay, in San Jose, California, and Kurant, in San Francisco, could not immediately be reached for comment.

Posted January 14, 2005 06:40 PM |