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First Data Buys Spree Commerce To Move Into Open Source Payments Technology

 Another move by a large company to up its stakes in the world of open source technologies: Payments giant First Data Corporation has acquired Spree Commerce, an open source storefront platform originally based on Ruby on Rails. Terms of the deal have not been disclosed — we are trying to find out — but Spree’s CEO Sean Schofield says in a blog post confirming the deal that… Read More