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.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.