ModusLink Global Solutions

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ModusLink Global Solutions, Inc.
Public (NASDAQMLNK)
Industry Forward & Reverse value supply chain management, Internet services, Software, Venture capital
Founded Delaware, United States (1986)
Headquarters Waltham, Massachusetts, USA
Key people
John Boucher, CEO
Revenue Increase$754.5 Million USD (2013)
Increase$15.2 Million USD (2013)
Number of employees
3,650 FTE[1]
Slogan "Creating Net Value"
Website www.moduslink.com

ModusLink Global Solutions, Inc., formerly CMGI Inc., is a US company that provides supply chain management services to global technology and software companies across its worldwide operations. The company has operations in North America, Europe and Asia (particularly in mainland China)

ModusLink was formed as a merger between CMGI and Modus Media in 2004. Modus Media was led by R. Scott Murray as its CEO and a member of the Board of Directors, who was also a significant shareholder of the company. Prior to the merger with CMGI, Modus Media had approximately 5,000 employees, revenues over $600 million per year and EBITDA of approximately $40 million. In 2004, CMGI acquired Modus Media in a stock merger for approximately $250 million in enterprise value. Following the merger Murray left the company and George McMillan from CMGI became CEO of the combined company. Joe Lawler replaced McMillan in 2005. Lawler resigned from the company in 2012.

On September 29, 2008, CMGI officially changed its name to ModusLink Global Solutions, with the change of ticker symbol to MLNK taking effect on September 30, 2008.[2] CMGI held the original naming rights to Gillette Stadium, the home stadium of the NFL's New England Patriots.

References[edit]

  1. ^ "Company Profile for ModusLink Global Solutions Inc (MLNK)". Retrieved October 22, 2008. 
  2. ^ "CMGI Changes Name to ModusLink Global Solutions". moduslink.com. September 29, 2008. Retrieved February 25, 2011.