GS1 Germany Acquires SA2Worldsync GmbH

SA2 Worldsync GmbH, a global provider of global data synchronization and master data services, views its acquisition by GS1 Germany as a show of strength for the company and its growing global client base. GS1 Germany, the international service provider for identification, communication and process standards, increased its shares and is now the sole owner of SA2 Worldsync GmbH.

 

"The GS1 Germany acquisition represents a strong endorsement of our market leadership and global capabilities," says SA2 Worldsync Chief Executive Officer Nihat Arkan. "We will continue making investments that help the global retail and consumer goods industry improve operational efficiency and better address increasing data demands. We are ideally positioned to deliver new services in growing areas, including smartphone access to product data and mobile commerce."

 

Jrg Pretzel, chief executive officer of GS1 Germany, comments, "With SA2 Worldsync, we will drive greater innovation together. We possess a deep understanding of SA2 Worldsync's business and markets and will leverage our combined strengths. As trusted product information is the basis for mobile commerce, with SA2 Worldsync we are in the best position to drive greater innovation and global partnerships that will enable customers, retailers and manufacturers to connect and interact with product data in new ways."

 

GS1 Germany, which owned 14 percent of SA2 Worldsync GmbH shares, acquired the remaining 51 percent from Pironet NDH AG and 35 percent from Agentrics LLC. As part of the agreement the source code license of the product information management system (PIM) was acquired from Pironet NDH, which will allow for further development of the data pool technology used by SA2 Worldsync.