Digital River is a private company that provides global ecommerce, payments and marketing services. In 2013, Digital River processed more than $30 billion in online transactions. Digital River is headquartered in Minnetonka, Minnesota.
Video Digital River
Company operations
Digital River has a history of acquiring other companies in the e-commerce (including digital software delivery) industry.
Notable acquisitions include:
Maps Digital River
Divestitures
- CCNow (sold to Snorrason Holdings 2012)
- Journey Education Marketing (2013)
Security failings
A security breach in 2010 resulted in nearly 200,000 customers' data being stolen. A lawsuit followed by Digital River.
In October 2017, the websites for Equifax, and for TransUnion's Central American division, were reported to have been redirecting visitors to websites that attempted drive-by downloads of malware disguised as Adobe Flash updates. The attack had been performed by hijacking third-party analytics JavaScript from Digital River brand FireClick.
CEO History
Joel Ronning was CEO from the company's founding until stepping down in November 2012. In June 2013, Ronning was ranked as the most overpaid CEO at a public company in Minnesota despite having been CEO only until November of the previous year. In February 2013, Dave Dobson was named CEO.
References
External links
- DigitalRiver.com
Source of article : Wikipedia
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