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Today's Deals: Overstock.com Scores Gear.com Stock

Affinity International Travel Systems + Star Travel.com, CarParts.com + CR Computing Solutions, Law.com + DocumentForum.com, Overstock.com + Gear.com

 CarParts.com acquires CR Computing Solutions


   *  Amount:         Undisclosed


   *  Terms:            100% stock

   *  Premium:        n/a


   *  Industry:        E-commerce enablers


   *  Scorecard:      C+


    EL SEGUNDO, Calif., Oct. 12--CarParts.com announced its second acquisition of the year, privately held CR Computing Solutions, a provider of inventory and business management systems for warehouse distributors and jobbers in the automotive aftermarket parts industry, for an undisclosed number of CarParts shares. Based in San Juan Capistrano, CR Computing Solutions develops and markets a comprehensive suite of wireless technologies and web-enabled software applications that manage inventory, point of sale, accounting, ordering, shipping and other activities unique to warehouse and jobber operations. Together, CR and CarParts will further lower the cost of warehouse and jobber operations by allowing manufacturers, WDs, jobbers and installers to engage in fast, accurate and secure online transactions with customers and suppliers. Terms of the deal were not disclosed.