Tuesday, February 22, 2011
PC Mall Buys eCOST.com
Torrance-based PC Mall said today that it has acquired the assets of eCOST.com, an online electronics retailer, from PFSWeb, in a deal worth $2.3M. According to PC Mall, it will continue to operate eCOST.com as an online marketplace for computers, networking equipment, electronics, entertainment, and other products. PC Mall said that eCost had approximately $76M in sales for the 12 months ending September 30, 2010, and that it also acquired approximately $1M in inventory with the acquisition.