Palo Alto’s Shipwire bought by Ingram Micro
Silicon Valley Business Journal, October 29, 2013
Cloud logistics and supply chain management SaaS provider Shipwire has been bought up by Ingram Micro Inc. for an undisclosed sum.
Santa Ana-based logistics and supply chain technology provider Ingram stands to gain through its acquisition via Shipwire’s SaaS platform, where customers get on-demand access to U.S., Canada and Europe warehouses, enabling lower shipping costs and faster delivery times for merchants as they can access inventory closer to buyers, TechCrunch reports.
Read the full article here.