Xconomy Boston

ModusLink Gets Tech For Less

Wade Roush12/7/09

ModusLink Global Solutions (NASDAQ: MLNK), a Waltham, MA-based supply chain management and e-business outsourcing provider, said today that it has acquired Boulder, CO-based e-retailer Tech For Less for $30 million in cash. Tech For Less refurbishes and sells consumer electronic equipment and business machines returned by customers.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.

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