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01.02.2011 – 21:27

SinnerSchrader AG

EANS-News: SinnerSchrader AG
next commerce takes over business of Visions new media GmbH

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
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Mergers - Acquisitions - Takeovers

Hamburg, 01.02.2011 (euro adhoc) - The SinnerSchrader subsidiary next commerce is taking over the majority of the business operations of the insolvent Visions new media GmbH in Hanover with immediate effect. Visions has 25 employees and is one of Europe´s leading providers of shop systems based on Magento. The open-source Magento system is the fastest-growing e-commerce solution in the world. Visions supplies a D2C (direct-to-customer) version of Magento which is tailored specially to the needs of the European market and international brands and manufacturers.

Moritz Koch, Managing Director of next commerce, said, "With the Magento D2C platform, we can help brands and merchants enter the e-commerce segment even more quickly. With this shared platform, they can automatically benefit from the innovations and optimisation measures in the quickly evolving e-commerce market."

Alexander Ringsdorff, the founder of Visions, added, "I am very happy that we´ve found a powerful partner in SinnerSchrader and next commerce who will continue to pursue our vision of an extremely high-performance e-commerce platform which combines standardisation and flexibility in equal measure."

About next commerce next commerce offers brands and merchants the option to extensively outsource their e-commerce processes. next commerce focuses in particular on marketing, shop management, and technology. The aim is to achieve sales success through a performance-oriented pricing model.

About SinnerSchrader SinnerSchrader is one of the leading digital agencies in Germany. SinnerSchrader develops interactive strategies, platforms, and applications which create radical relationships between consumers and brands. The SinnerSchrader Group has over 300 employees in Hamburg, Berlin, and Frankfurt am Main who work for customers such as TUI, Tchibo, simyo, REWE, comdirect bank, the Gucci Group, OTTO, mobilcom-debitel, and Steigenberger. SinnerSchrader was founded in 1996 and has been quoted on the stock exchange since 1999.

About Visions new media Visions was founded in 2001 as the first German Magento Enterprise Partner and has supported the development of Magento since its initial beta versions. Based on its years of experience with this system, Visions has carried out challenging projects for leading e-commerce merchants including 7 for all Mankind, ATM, Hunkemöller, Jack Wolfskin, Kipling, MDM Deutsche Münze, Mydeco, and The North Face.

end of announcement                               euro adhoc
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Further inquiry note:

Thomas Dyckhoff
CFO
Telefon: +49(0)40 398855-113
E-Mail: t.dyckhoff@sinnerschrader.de

Branche: Software
ISIN: DE0005141907
WKN: 514190
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

Original-Content von: SinnerSchrader AG, übermittelt durch news aktuell

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