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Article: Digital River Informed By Symantec That It Will Not Extend E-commerce Contract Beyond June 30, 2010 Expiration.
- Article from:
- Business Wire
- Article date:
- October 12, 2009
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Expects Third Quarter Revenue and Earnings Per Share At Or Slightly Above Top End of Guidance Range
MINNEAPOLIS -- Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, announced today that Symantec Corporation (NASDAQ: SYMC) has notified Digital River that Symantec will not extend its existing e-commerce agreement. The agreement, under which Digital River provides a variety of e-commerce-related services to Symantec, expires on June 30, 2010.
Symantec informed Digital River on Friday, October 9th that it expects to move all of the online traffic currently outsourced to Digital River to an internally developed Symantec ...