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Technology Stocks : stamps.com (STMP)
STMP 329.610.0%Oct 5 5:00 PM EST
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From: JakeStraw7/25/2018 9:56:01 AM
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E-commerce Delivery Platform Leader MetaPack Bought By Stamps.com
Purchase sets stage for strategic international expansion
markets.siliconinvestor.com
"The acquisition of MetaPack represents a significant strategic investment in our global e-commerce shipping business," said Ken McBride, Stamps.com Chairman and CEO. "MetaPack is the leading enterprise-level multi-carrier e-commerce software platform supporting the world's largest retailers and the world's best known brands. Metapack has significant business in Europe, complementing Stamps.com's strong position in the U.S. Metapack also serves the largest enterprises and retailers, complementing Stamps.com's traditional focus on smaller businesses. Together, the two companies will be better able to provide innovative solutions in an increasingly global e-commerce world to customers of all sizes and in all geographies."
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