28.03.2017
United Internet AG DE0005089031
DGAP-News: United Internet acquires 29.93% stake in rankingCoach
DGAP-News: United Internet AG / Key word(s): Investment
United Internet acquires 29.93% stake in rankingCoach
28.03.2017 / 09:00
The issuer is solely responsible for the content of this announcement.
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* Investment in leading supplier of cloud-based online marketing solutions
* rankingCoach as future technology partner of United Internet subsidiary
1&1 Internet
Montabaur, March 28, 2017. In the course of a capital increase, United
Internet AG has acquired - via United Internet Investment Holding GmbH - a
stake of 29.93% in
rankingCoach GmbH, a leading provider of cloud-based online marketing
solutions.
Based in Cologne, rankingCoach was founded in 2014 by its current management
team
Daniel Wette, Marius Gerdan and Thomas Meierkord as a spin-off of a major
online marketing agency. The company was mainly financed by the family
office "Wecken & Cie." based in Switzerland.
Today, an international team of over 60 specialists in Cologne (Germany) and
Arad (Romania) supports small and mid-size enterprises (SMEs) in 11
languages and 24 countries. rankingCoach markets its products both directly
to end-users and agencies, as well as indirectly via international partners,
such as hosting providers, telecommunications companies and publishers.
Online visibility and online reputation have a major impact on the business
success of SMEs. rankingCoach offers affordable, web-based solutions in the
field of search engine marketing (SEM), search engine optimization (SEO) and
social media which are tailored to the needs of its various target groups.
The imminent launch of the "rankingCoach Suite" will bring together the
company's various offerings on a central cloud platform.
The capital increase is aimed in particular at driving technical product
development, the expansion of services, and the company's further
internationalization.
In addition to the equity stake, rankingCoach and the United Internet
subsidiary 1&1 Internet SE have signed a long-term cooperation agreement for
1&1 to use the online marketing solutions of rankingCoach as part of its
hosting and cloud products marketed in Europe and North America.
"The user-friendliness and ease-of-use of cloud-based solutions are decisive
factors in the competition for SME clients," says Frank Krause, CFO of
United Internet AG. "And this is exactly what rankingCoach has achieved with
its online marketing solutions. By investing in the company, we want to help
actively shape the further successful development of this model. Moreover,
rankingCoach Suite is an ideal fit for 1&1's portfolio of cloud applications
for SMEs," states Frank Krause in summarizing the reasons for the investment
and future cooperation.
The transaction is still subject to approval by the relevant anti-trust
authorities.
About United Internet
With 16.97 million fee-based customer contracts and 34.29 million
ad-financed free accounts, United Internet AG is Europe's leading internet
specialist. At the heart of United Internet is a high-performance "Internet
Factory" with approx. 8,100 employees, of which around 2,600 are engaged in
product management, development and data centers. In addition to the high
sales strength of its established brands (1&1, GMX, WEB.DE, united-domains,
Fasthosts, Arsys, home.pl, InterNetX, Sedo, affilinet and 1&1 Versatel),
United Internet stands for outstanding operational excellence with around 51
million customer accounts worldwide.
Contact
Press
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1616
Fax: +49 2602/96-1013
E-mail: [email protected]
Internet: www.united-internet.de
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28.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: United Internet AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0)2602 / 96 - 1100
Fax: +49 (0)2602 / 96 - 1013
E-mail: [email protected]
Internet: www.united-internet.de
ISIN: DE0005089031
WKN: 508903
Indices: TecDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard);
Regulated Unofficial Market in Dusseldorf, Hamburg,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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558597 28.03.2017
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