Ingram Micro Acquires Shipwire

Santa Ana-based electronics distributor Ingram Micro has acquired Shipwire, a provider of e-commerce fulfillment and supply chain management which was based in Palo Alto, California. Financial terms of the buy were not disclosed. According to Ingram Micro, the move will help accelerate its growth in the e-commerce fulfillment area. Ingram Micro said that Shipwire will continue to be operated as a wholly owned subsidiary of the company, under the direction of Shipwire founder and CEO Damon Schechter. Shipwire was originally based in Los Angeles.