Shipwire in the News

Ingram Micro buys fulfillment company

Tech Target, November 1, 2013

Ingram Micro Inc. announced this week it will acquire Shipwire Inc., a cloud-based enterprise logistics and global fulfillment services company.

The technology distributor has entered into a definitive agreement to acquire Shipwire to help accelerate its growth in a $40 billion market for e-commerce fulfillment services that is projected to grow by double digits through 2015, according to Ingram Micro.

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Ingram Micro kauft E-Commerce-Dienstleister Shipwire

Channel Partner, October 31, 2013

Der Distributor Ingram Micro hat den auf den E-Commerce-Bereich spezialisierten Logistik-Dienstleister Shipwire ├╝bernommen. Bei dem Logistik-Dienst hatte sich 2011 bereits eBay mit einer Minderheitsbeteiligung eingekauft.

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Ingram Micro Takes Over Shipwire

Source Media, October 30, 2013

The latest purchase by Ingram expands the company’s presence within the e-commerce fulfillment market.

Ingram Micro Inc. (NYSE: IM), a distributor of information technology products, has acquired Shipwire for an undisclosed price.

Shipwire is a startup that aims to make it easier for businesses to quickly ship inventory to customers. The Palo Alto, Calif.-based target provides web-based solutions for storing and shipping merchandise. In 2011, eBay Inc. (Nasdaq: EBAY) and Newell Rubbermaid Inc. (NYSE: NWL), along with Sewickley, Pa.-based venture capital firm Meakem Becker, each invested in Shipwire. Before that, the company raised about $4 million in Series A funding in a round led by Meakem Becker in 2007.

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Ingram Micro Acquires Shipwire

Dow Jones VentureWire, October 29, 2013

Ingram Micro Inc ., a publicly traded provider of supply-chain and mobile device lifecycle services, has entered into an agreement to acquire Shipwire Inc., a provider of enterprise logistics, inventory and shipping services.

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M&A and IPOs

CNN Money, October 30, 2013

Ingram Micro (NYSE: IM) has acquired Shipwire, a Palo Alto, Calif.-based provider of cloud-based logistics services and supply chain management SaaS. No financial terms were disclosed. Shipwire had raised around $15 million in VC funding, from firms like Meakem Becker Venture Capital, eBay and Newell Rubbermaid.

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Ingram Micro buys VC-backed Shipwire

peHUB, October 30, 2013

Ingram Micro, a global distributor of information technology products, has acquired VC-backed Shipwire, which provides web-based solutions for storing and shipping merchandise. Shipwire raised $4 million in Series A funding in 2007 in a round led by Meakem Becker Venture Capital. In 2011, the company received a strategic investment from eBay and Newell Rubbermaid, as well as from Meakem Becker.

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