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Short Take: TechWave buys two firms

E-commerce service TechWave has acquired ShopNow a shopping portal, and direct marketer Haggin Group. Terms were not disclosed. TechWave will launch ShopNow Market, a shopping portal with pointers to 10,000 merchants, and ShopNow.com, a direct marketing vehicle for catalogers, product manufacturers, traditional retailers, and service firms.

E-commerce service has acquired ShopNow a shopping portal, and direct marketer Haggin Group. Terms were not disclosed. TechWave will launch ShopNow Market, a shopping portal with pointers to 10,000 merchants, and ShopNow.com, a direct marketing vehicle for catalogers, product manufacturers, traditional retailers, and service firms.