Two strong players in global digital commerce, asknet AG™ & Nexway™ are now becoming one group, one multinational team, and a force to be reckoned with in the digital transformation of consumer experience!Karlsruhe, Basel, Paris, February 6th, 2019 – asknet AG, a pioneer of modern e-commerce, supplier of e-business technologies and solutions for the global distribution and management of digital and physical goods, announces its acquisition of Nexway Group AG (including its 100% owned subsidiary Nexway SAS), a leading e-commerce services provider of solutions for monetizing digital business models and connecting companies to the global e-commerce market. The acquisition has been completed at the end of January and will be followed by the execution of a capital increase of asknet AG through an issue of 450,000 new shares of asknet AG in Q2, 2019 thus providing the combined group with sufficient capital to finance working capital, integration costs and business expansion going forward. The combined asknet group will process and support global digital commerce around the world, meeting the requirements of global payments system, subscription models, and customer needs.
“The acquisition of Nexway SAS will enhance asknet’s ability to simplify the complexity of selling products and services globally, enabling businesses to accelerate sales, reduce time to market and manage operating costs. Together, we’re going to process and support global digital commerce around the world. Today we’re building a single, unified powerful company, enabling us to offer more value to our clients, while allowing us to expand our geographic footprint. By bringing the teams, cultures, and expertise of both firms together into a single organization and management, the combined company will be equipped to fulfill consumer needs and further develop our products and solutions,” said Aston Fallen, CEO of asknet.In addition to the existing Supervisory Board and the CEO Aston Fallen, asknet’s new second level Management Board will initially comprise the following persons: Norman Hansen (Legal & Compliance), Hubert Maurer (Finance), Delphine Weiskopf (Marketing & Product), Christian Herkel (Sales), Aline Bastin (Customer Success), Michael Baumann (Academics & Retail), Cyrille Page (Technology), Dominic Schaaf (Operations) and Casey Potenzone (Marketplaces).
asknet AG is the 51% owned subsidiary of the Swiss-listed integrated e-commerce Services company The Native SA (CH0006326851) with other asknet AG shareholders being Digital River and Softbank among others. Based in Karlsruhe and listed in Frankfurt (DE000A2E3707), asknet AG is an e-commerce services company with 23 years of experience in the industry. Its business is comprised of global payment processing, tax management, digital marketing, and customer support services to vendors of predominantly digital goods and services, and software distribution services to the European academic institutions, students and alumni.
For more information: www.asknet.com and www.thenative.ch
Nexway is a leading provider of solutions to monetize digital businesses and connect companies to the worldwide digital market and is now being fully integrated into asknet AG. Founded in 2002, Nexway has enjoyed rapid growth, thanks to strong and diversified partnerships. Based in Paris – La Défense, France, the company has subsidiaries in the USA, Brazil, Germany, Italy, Spain, Morocco, Poland, and Japan. Leading companies who rely on Nexway include retailers FNAC-Darty™, Yahoo! Japan™, Softwareload™, Amazon™, Medion™; and publishers Kaspersky Lab™, Adobe™, 2K Games™, Big Fish™, ESET™, Avast Software™ and many others around the world. Now part of asknet AG, Nexway preserves all of its operations in Paris, Nîmes, and Katowice, with Katowice office becoming a centralized engineering hub for the entire asknet AG group.
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