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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Thu., Jul. 2, 12:19 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #18. Wix.com Ltd. Appixia

Acquirer: Wix.com Ltd. (NASDAQ:WIX)
Acquiree: Appixia
Details: Wix.com Ltd. (Nasdaq:WIX), a leading global web development platform, announced today its acquisition of Appixia, a platform for building native mCommerce apps. This acquisition supports the company's plans to continue strengthening its technological advantage and the depth of its product offering.

Wix.com is a cloud-based development platform. Co.'s core product consists of three web editors: the Wix Editor, intended for users with basic technological skills, Wix ADI, intended for novice users and Wix Code, intended for more tech savvy users. The Wix Editor is a drag-and-drop visual development and website editing environment complete with templates, graphics, image galleries and fonts. With Wix ADI, users can create a personalized website. Through the use of Wix Code, users can combine the Wix Editor with developer capabilities to create websites and web applications.Co. also provides a variety of additional services to further complement users' needs, most notably Ascend by Wix.

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Company Name: 
Wix.com Ltd.
Website: 
www.wix.com
Sector: 
Information Technology Services
Number of ETFs Holding WIX: 
25
Total Market Value Held by ETFs: 
$178.33M
Total Market Capitalization: 
$13.20B
% of Market Cap. Held by ETFs: 
1.35%
 

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Strong Buy (3.63 out of 4)
71st percentile
(ranked higher than approx. 71% of all stocks covered)
Based on Zacks ABR data;
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