CCNow Acquired by Snorrason Holdings

Snorrason Holdings, a privately-held e-commerce service provider, has acquired CCNow, Inc. from Digital River, Inc. "We are proud to continue the CCNow heritage, and intend to keep up the same standards of personal service and risk management with a human face that CCNow is known for," said Bjorn Snorrason, CEO of Snorrason Holdings.

"CCNow has been a trusted online brand for more than a decade. Under Digital River's stewardship since 2002 it has reached new heights. We are honoured that Digital River has chosen to pass the baton to us. We will live up to the trust they have placed in us, and the trust of the many online sellers and customers who rely on CCNow for their online transactions every day," continued Snorrason. (Press release about the purchase here.)

Posted on 01.01.2013