TOP NEWS Buys ShipWorks

El Segundo-based has acquired St. Louis-based ShipWorks, a developer of subscription-based e-commerce shipping software, the company announced Monday. said it paid approximately $22M in cash for ShipWorks. said that ShipWorks will operate as an independent, wholly owned subsidiary of the company. ShipWorks develops shipping software, which is used by online sellers to manage shipping and sales on such marketplaces as eBay, Amazon, Yahoo, and elsewhere.