Tuesday, January 8, 2013
Giftango Acquired By Atlanta Firm
Portland-based Giftango, the provider of online, virtual and digital gift cards, has been acquired by InComm, an Atlanta-based prepaid products company. Financial terms of the buy were not disclosed. According to InComm, the buy will expand its reach into ecommerce gift card sales and distribution. Giftango was foudned in 2005, and allowed online merchants to sell gift cards from their websites. InComm said that more than 150 brands are now delivering gift cards through Giftango. Giftango was headed by David Nelson. InComm said that Giftango will continue to grow its operations in Portland.