Intershop Communications AG | Press Release |
Intershop Acquires Majority Participation of Berlin-based Software Company
- E-Commerce solution provider further extends service and capability
Jena, February 06, 2009 – As of February 5, 2009, Intershop Communications AG holds a 60 percent participation of a new software company in Berlin, which is expected to have up to 16 employees during the course of this year.
Completing this acquisition, the German e-commerce company Intershop not only establishes a new regional office but also enhances its know-how and development capacity in the field of supplier integration with online shops and Internet marketplaces.
"In the future, our standard solutions will allow for virtually incorporating the product lines of suppliers or third-party vendors into the range of products offered in an online shop and selling them in addition to own products. There will be no constraints, since an unlimited number of suppliers can be integrated into an unlimited number of platforms. Of course, the data transfer will work automatically in all directions via standard interfaces." states Henry Goettler, Member of the Board of Management.
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online 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.