Ingram Micro, a US-based wholesale technology distributor, has agreed to acquire Shipwire, a provider of e-commerce fulfillment and supply chain management which is backed by strategic investors, online auction site eBay and consumer products company Newell Rubbermaid.
Shipwire raised $4m in series A funding in 2007, led by venture capital firm Meakem Becker Venture Capital, and in July 2011 received a reported $6m from eBay and Newell Rubbermaid, together with Meakem Becker.
Alain Monié, Ingram Micro chief executive officer, said: “Ingram Micro is already well established as an expert in supply-chain services. The addition of Shipwire will enable us to accelerate our growth in a $40 billion market for e-commerce fulfillment services that is estimated to be growing by double-digits through 2015.”