Shipwire in the News

Meakem Becker VC exits investment

The Business Journals, Pittsburgh Business Times, October 29, 2013

A portfolio company of Meakem Becker Venture Capital was sold Tuesday, which translates into some cash for investors in the $75 million fund raised by the Sewickley-based VC. The question is how much.

Here’s the scoop: Shipwire, based in Palo Alto, Calif., and one of the earliest investments by MBVC, was bought by Ingram Micro (NYSE:IM), taking the Santa Ana, Calif.-based wholesale technology distributor and global supply chain company into the e-commerce services arena.

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Ingram Micro compra Shipwire

Dealer World España, October 30, 2013

Ingram Micro acaba de anunciar la compra de Shipwire. Con esta adquisición Ingram Micro apuesta por el mercado de servicios de comercio electrónico y es un paso más en su estrategia de convertirse en el líder global en servicios de la cadena de suministro, tal y como ha destacado el CEO de Ingram Micro, Alain Monie.

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Ingram Micro snaps up Shipwire to reduce shipping times and costs worldwide

VentureBeat, October 28, 2013

So long lengthy shipping times: Technology distributor Ingram Micro announced today that is has agreed to acquire Shipwire, a startup that makes it easy for business of any size to quickly ship inventory to customers.

Shipwire’s global network of warehouses lets merchants store their inventory, and its cloud-based platform automatically ship orders out to nearby customers. Customers include Zynga, Rovio, and more than 1,000 other brands.

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Ingram Micro Buys Shipwire, The Cloud Logistics And Supply Chain Management Platform

Tech Crunch, October 28, 2013

Ingram Micro has acquired Palo Alto-based Shipwire, the cloud logistics and supply chain management SaaS provider. The acquisition price was not disclosed.

Shipwire has established itself as one of the leading cloud logistics platforms for retailers and e-commerce companies. It also provides shipping and developer tools. For its part, Ingram Micro is well-known for providing logistics and supply chain technology for the businesss market.

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Ingram expandiert durch Zukauf eines E-Commerce-Spezialisten

IT-BUSINESS, October 29, 2013

Mit der Akquisition von Shipwire schnappt sich Ingram Micro einen Cloud-Logistiker. Der Broadliner verspricht sich davon, einen milliardenschweren Markt zu erschließen.

In den USA hat Broadliner Ingram Micro den in Palo Alto ansässigen E-Commerce-Spezialisten Shipwire übernommen. Shipwire ist fokussiert auf Cloud-Logistik und Supply-Chain-Management. Mit seiner Cloud-basierten Logistik-Plattform betreut das Unternehmen Händler und E-Commerce-Firmen in mehr als 50 Ländern.

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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.

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Ingram Micro Acquires Shipwire

Online Backup Magazine, October 29, 2013

Shipwire is based in Palo Alto and the company provides a cloud logistics and supply chain management platform for ecommerce retailors. Ingram Micro has acquired Shipwire for an undisclosed amount. Shipwire is the same cloud startup that received nearly $15 million in venture capital. Some of the companies more notable investors are Newell Rubbermaid and eBay. Meakem Becker has also invested in Shipwire.

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