Shipwire in the News

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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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 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 Micro compra la logística cloud de Shipwire

Muy Canal, October 29, 2013

Dispuesto a mejorar su red logística y de gestión, Ingram Micro se ha hecho con Shipwire por un precio que no se ha hecho público. Con esta compra, el mayorista da un importante salto con foco en el comercio electrónico y la distribución on-line, principales especialidades de la compañía adquirida.

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