GSI Commerce (NASDAQ: GSIC) is buying another competitor. Innotrac (NASDAQ: INOC) will bring GSI 30 new clients and additional capacity for outsourced fulfillment and call center services. GSI is paying $52 million for the deal, after which it will boast nearly 5 million square feet of warehouse space and more than 2,000 seats in its call centers. In a similar deal, GSI acquired Accretive Commerce last year.

Mercado Software may be hanging by a thread. Reports from two separate sources today indicate that the company has run out of cash, and dismissed much of its staff — paring down to a skeleton crew to support existing clients. Mercardo president, Corey Leibow, denied the report, but only before hanging up the phone with a terse response, “It’s not true. That’s all I can say right now. Bye.”

The news gives further support to our assessment that a shakeout of the ecommerce platform market is now underway. [click to continue…]

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