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PC Mall Buys eCOST.com

Torrance-based PC Mall said today that it has acquired the assets of eCOST.com, an online electronics retailer, from PFSWeb, in a deal worth $2.3M. According to PC Mall, it will continue to operate eCOST.com as an online marketplace for computers, networking equipment, electronics, entertainment, and other products. PC Mall said that eCost had approximately $76M in sales for the 12 months ending September 30, 2010, and that it also acquired approximately $1M in inventory with the acquisition.