In its second-largest acquisition, Amazon buys the company for $970 million.
Systemax isn’t disclosing precisely when it will make CircuitCity.com live once more, but the company does say it’s “only days” away. When the site does go live, it will have lower prices, more products and better customer service, Systemax says.
Systemax is wasting no time making CircuitCity.com a live e-commerce site once more.
Though Systemax No. 21 in the Internet Retailer Top 500 Guide, isn’t disclosing precisely when it will make CircuitCity.com live once more, the company does say it’s “only days” away. “We have a team of folks feverishly working to put up the finishing touches on the new web site,” Systemax technology group CEO Gilbert Fiorentino says in a posting on CircuitCity.com. “We ask that you come back in a few days and experience the new CircuitCity.com.”
When the site does go live, CircuitCity.com will have lower prices, a wider product selection, faster shipping and better customer service, Systemax says. CircuitCity.com will also offer same-day shipping beginning at $1.99, though Systemax has yet to supply details. “The placeholder page will only be here for a day or two,” Fiorentino says in a video posted on CircuitCity.com.
Systemax acquired the assets of CircuitCity.com and certain undisclosed customer information related to the web and other intellectual property for $14 million after Systemax emerged as the winning bidder in a May 11 auction. A judge for the U.S. Bankruptcy Court for the Eastern District of Virginia approved the results of the auction on May 14.