Intershop acquires majority stake in Dutch software provider Sparque B.V. and the rights to use
Spinque B.V.’s AI-based e-commerce technology
Jena, 16 March 2022 – Intershop Communications AG (ISIN: DE000A254211), a leading independent provider of innovative solutions for B2B commerce, announces the acquisition of 80% of the shares in Sparque B.V., Netherlands; the remaining 20% will be retained by the current shareholders and the incumbent management, who will become part of Intershop’s extended management team. In addition, Intershop will acquire the rights to use the AI-based B2C and B2B e-commerce technology for personalized searches and product recommendations from Spinque B.V., Netherlands, which holds a stake in Sparque B.V. Intershop will integrate the SaaS solution from the Microsoft Azure Cloud into its own e-commerce platform without any additional effort and will also offer it to enterprises that do not use the Intershop Commerce platform. This creates a new business field for the Intershop Group which combines Intershop’s long-standing experience in e-commerce with state-of-the-art AI technology. As put and call options have been agreed, Intershop will be able to acquire the remaining shares in Sparque B.V. in 2026, thereby simultaneously converting the previously time-limited exclusive rights of use into a permanent legal position. The parties have agreed not to disclose the purchase price of the transaction.
About Intershop
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISHA) delivers the agentic commerce platform powering digital sales for the hidden champions and global powerhouses of B2B. More than 300 manufacturers, wholesalers, holding companies and business associations worldwide rely on Intershop to connect, simplify, and automate commerce across regions, brands, business models and channels. With their unrelenting B2B focus and platform designed to handle complexity, Intershop helps businesses grow their digital sales revenue, improve customer retention, and make their sales processes more efficient.
Intershop is built to boost your business. Learn more at www.intershop.com.
This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.
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