Monsoon Commerce Acquires Stone Edge Technologies
By Ina Steiner
Monsoon Commerce acquired Stone Edge Technologies, a leading order and customer management software company, in an all-cash transaction. The Stone Edge tools enable merchants to integrate shopping cart, order, and supply chain management with over 50 demand-driving web properties, including web stores hosted by eBay ProStores, Magento, Miva, Volusion, 3DCart, and Yahoo Stores.
In addition to its Alibris and Monsoon Works selling solutions, Monsoon Commerce also owns the Alibris marketplace and provides white-label marketplaces for retailers. Monsoon is well established among media and booksellers and has successfully expanded into general merchandise, consumer electronics, toys and games, apparel and other categories.
Brian Elliott, CEO of Monsoon Commerce, said the acquisition was complementary to its existing offerings and would provide sellers with a comprehensive solution that improves their efficiency and expands their reach into more demand-generating online properties.
Stone Edge will join the Monsoon Commerce Seller Solutions division but will continue to operate out of Philadelphia and be led by Barney Stone, the founder of Stone Edge Technologies.
About the author:
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to email@example.com.
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