News acquires ecommerce shipping company ShipStation

Wednesday 18 June 2014 13:12 CET | News, a provider of USPS postage online, has acquired US-based ShipStation, an ecommerce shipping software provider. purchased ShipStation for up-front consideration of USD 50 million in cash plus performance-linked earn-out consideration of up to 768,900 shares of common stock. plans for ShipStation to operate as an independent, wholly-owned subsidiary. is a provider of internet-based postage services to nearly 500,000 customers.’s service enables customers to print US Postal Service-approved postage with just a computer, printer and internet connection, right from their homes or offices.

ShipStation is a website-based shipping software that is built to help online retailers organize and process their orders, while fulfilling and shipping them.

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Keywords:, ShipStation, ecommerce, shipping, US
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce