Epicor to Acquire ShopVisible
Software and retail solutions provider Epicor Software Corporation has agreed to acquire popular e-commerce solutions provider ShopVisible.
The acquisition, which is expected to close by the end of 2014, will help Epicor expand its position as a provider of omni-channel solutions for midsize and large retail chains. In fact, ShopVisible’s scalable software as a service (SaaS) solutions in combination with Epicor’s retail transaction, enterprise and analytics systems will enable retailers to optimize the customer experience across a growing number of mobile devices, channels and interaction points.
"We are excited about this acquisition, as ShopVisible has spent several years developing and proving out its world-class order management and digital commerce solutions with some highly progressive companies," said Noel Goggin, executive vice president and general manager, Epicor Retail. "We believe ShopVisible's proven and scalable solutions will be a perfect complement to the Epicor solutions portfolio. We have a vision to enable the transformation of our customer's operations to meet the new retail reality – we call this a transformation to 'Inspired Retailing' – together with ShopVisible we expect to fully deliver on the vision."
ShopVisible offers a standalone order management solution that supports complex business processes for both B2C and B2B order processing. The solution includes full order management lifecycle capabilities, from initial order collection through post-transaction order repository processes. According to Epicor, the combination of ShopVisible’s order management capabilities with Epicor’s point of sale (POS), mobile POS, omni-channel Enterprise Selling, Merchandising and Warehouse Management solutions will create an integrated end-to-end cloud based solution for omni-channel retailers.
It is also important to note that ShopVisible offers a variety of other features, including content management, product information management, pricing management, ratings and reviews, as well as wish list management, automated subscriptions with renewals, shipping and packaged integrations to third party systems. Following the close of the acquisition, Cook and Josh Lloyd, co-founder and chief technology officer at ShopVisible, will join the Epicor Retail team to lead cloud-based order management and digital commerce initiatives.
"Epicor and ShopVisible have a shared vision and complementary technology foundation that will provide a complete extended omni-channel solution to retailers and branded manufacturers," said Sean Cook, CEO of ShopVisible. "We look forward to becoming part of the Epicor team and playing a part in the 'Inspired Retailing' transformation."