CALGARY, Alberta -- FloorsNOW Technology Corp., an e-commerce firm serving the North American floor covering industry, closed its acquisition of certain Commerx Inc. assets on July 5. Commerx is considered one of the 100 leading e-businesses in North America.
The deal is expected to broaden FloorsNOW’s scope of services and positions the company as a full-service provider of business-to-business solutions. “This acquisition enhances our opportunities and broadens our market reach into other industries,” noted Robert Kulhawy, president and CEO of FloorsNOW. “Commerx e-Business networks offer customers a suite of solutions that drive efficiencies and are accessible in a hosted environment. This allows for near-immediate deployment without significant start-up costs for hardware, hence, a pay-as-you-go setting.”