Monday, May 7, 2012

Flipswap Acquired By eRecyclingCorps

Torrance-based Flipswap, which operates a consumer electronics buyback program, has been acquired by Texas-based eRecyclingCorps, the firms said today. Financial term sof the acquisition were not disclosed. eReclycpingCorps said that it has also acquired FlipSwap's interest in interest in Flipswap Services, LLC. Flipswap was venture backed by NGEN Partners and RRE Ventures.