Breaking News: GXS and Inovis Sign Definitive Merger Agreement

By John Burmeister
Categories: Industry News
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GAITHERSBURG, MD and ATLANTA, GA -- 12/08/09 -- GXS and Inovis, leading providers of business-to-business (B2B) e-commerce services and software solutions, today announced that they have signed a definitive agreement to merge. Inovis brings with it approximately 16,000 customers from a range of industries including retail and consumer products, financial services, transportation/logistics and automotive. The combined company creates a leading global provider of B2B e-commerce services and gives the company an even greater global presence.The merger of GXS and Inovis will further streamline customers' global B2B deployments and provide them with a comprehensive range of B2B integration software and services-based solutions. GXS is a leading B2B e-commerce services provider with a strong focus on helping customers optimize their global supply chains through its software-as-a-service (SaaS) and software-based portfolio that includes B2B messaging services, supply chain visibility, product master data management and B2B Gateway software. Inovis is a leader among B2B Gateway software providers and has a strong portfolio of complementary software and services including managed file transfer, supply chain visibility, product catalog, B2B Gateway and multi-enterprise master data management software. "Today's merger announcement marks a turning-point in the B2B e-commerce industry," said Bob Segert, president and CEO of GXS. "GXS sees strong potential for further growth in B2B managed services and B2B integration software. ...

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