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Riverside-based Innovative Fulfillment Solutions was sold to Symbia Logistics of Edwards, Colo., for an undisclosed amount.
Founded in 1998, just as Amazon was becoming a household name, Innovative Fulfillment Solutions (IFS) was a pioneer in providing third-party fulfillment services to e-commerce companies. It was sold by co-founder and CEO Keith Milburn, who is retiring.
“Since launching IFS, we’ve seen explosive growth in online shopping and e-commerce services,” Milburn said in a release.…