Atrinsic, Inc. (ATRN) Announces Acquisition of E-Commerce Platform, Shopit.com
Atrinsic, Inc. announced today its acquisition of Shopit.com, an e-commerce platform that enables buyers and sellers to reach the audiences of social networking sites such as Facebook and MySpace. Through offering the option to buy and sell anywhere one wants, Shopit opens the door to some of the largest consumer markets. ShopIt is the latest property to join the Atrinsic Media network as a part of the company’s effort to develop rich media properties across its extensive distribution platform. Earlier versions of this innovative application have been downloaded nearly 800,000 times, demonstrating its ability to engage audiences in the fastest…