Alibris Acquires Monsoon

2/23/10

Portland, OR-based Monsoon, a maker of software for managing and processing online selling, is being bought by Emeryville, CA-based Alibris, for an undisclosed amount of cash and stock. The acquisition is expected to close in early March, and the companies will continue to operate as separate businesses under their current names; Monsoon CEO Kanth Gopalpur will join the Alibris executive management team. Alibris is an online marketplace for new and used books, music, and movies. It has partnerships (and some areas of competitive overlap) with retailers such as Amazon.com, Barnes & Noble, Borders, and eBay.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @

By posting a comment, you agree to our terms and conditions.