Report: Yahoo Weighing Purchase Of SMB eCommerce Provider Lexify

Sources told All Things D on July 28 that U.S. search giant Yahoo is close to completing a deal to acquire the California-based SMB-facing eCommerce service provider Lexity.

Lexity is helmed by CEO and founder Amit Kumar, who previously worked at Yahoo. The acquisition would mark Yahoo’s 19th purchase under CEO Marissa Mayer.

For more on the potential deal, click here.

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