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MarketLive secures new capital

By Vicky Burger, ITWeb portals content / relationship manager
Johannesburg, 09 May 2008

MarketLive secures new capital

MarketLive, a global e-commerce software and service provider, has secured a $20 million round of new capital, says FOX Business.

New investors, JAFCO Ventures and Northgate Capital, join existing investors, Sequoia Capital, Sigma Partners, Globespan Capital, and others, which all fully participated in the round.

MarketLive will use the capital to deliver significant value to its customers by advancing its product leadership, funding business-critical infrastructure, and adding enhanced services.

Fujitsu pursues self-service sector

A new self-service organisation by Fujitsu Transaction Solutions will develop and market comprehensive self-service solutions and services to the retail industry, among others, reports TMCnet.

Ed Soladay, CEO at Fujitsu Transaction Solutions, noted in a statement that Fujitsu has always had a strong reputation as a self-checkout and self-service hardware provider, and it wants to expand upon that success by combining all of its self-service solutions under a single banner.

Fujitsu Transaction Solutions wants to develop and provide a total self-service solution for retailers in multiple segments, and believes Fujitsu has a strategic advantage to achieve that goal.

GuestLogix, TicketOps, partner

According to FOX Business, GuestLogix a provider of on-board retail systems to the airline industry, and TicketOps, a provider of e-ticket and e-commerce solutions, today announced an agreement to offer general admission attraction tickets to passengers on select North American flights, including those inbound from international locales.

Tickets to tourist and local attractions, festivals, events and movies will soon be sold through GuestLogix's Mobile Virtual Store service which now serves over 40% of the top 20 global airlines.

Eric Windeler, president of TicketOps, said: "We have hundreds of participating venues in Canada and the US using our e-ticketing services. We'll select the best of the best for this exclusive programme."

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