GXS and Inovis Sign Definitive Merger Agreement
GXS and Inovis, providers of business-to-business (B2B) e-commerce services and software solutions, announce that they have signed a definitive agreement to merge. Inovis brings with it approximately 16,000 customers from industries including retail and consumer products, financial services, transportation/logistics and automotive.
The merger of GXS and Inovis is expected to further streamline customers' global B2B deployments and provide them with a comprehensive range of B2B integration software and services-based solutions. GXS focuses 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 has a portfolio of complementary software and services including managed file transfer, supply chain visibility, product catalog, B2B Gateway and multi-enterprise master data management software.
GXS and Inovis expect to close the merger in early 2010, subject to regulatory review. During the merger closing process, all services and solutions will continue to be supported and sold. The goal of any integration activity will be to provide customers with a well-informed, seamless, managed transition with no business interruption. The company's goal is to give customers capable, reliable, high-performance solutions for all their B2B e-commerce needs.
The merger of GXS and Inovis is expected to further streamline customers' global B2B deployments and provide them with a comprehensive range of B2B integration software and services-based solutions. GXS focuses 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 has a portfolio of complementary software and services including managed file transfer, supply chain visibility, product catalog, B2B Gateway and multi-enterprise master data management software.
GXS and Inovis expect to close the merger in early 2010, subject to regulatory review. During the merger closing process, all services and solutions will continue to be supported and sold. The goal of any integration activity will be to provide customers with a well-informed, seamless, managed transition with no business interruption. The company's goal is to give customers capable, reliable, high-performance solutions for all their B2B e-commerce needs.