GXS and Inovis Agree to Merge

GXS and Inovis, two rival providers of B2B e-commerce services and software solutions, have signed a definitive agreement to merge. The merger of GXS and Inovis will further streamline customers’ global B2B deployments and provide them with a range of B2B integration software and services-based solutions. Terms were not disclosed.

The final branding for the combined company and its products will not be determined until the merger transaction closes (anticipated completion is first half of 2010). It is the intent of the merger to combine GXS and Inovis services together into a single integrated portfolio.

GXS is a B2B e-commerce services provider with a 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 provider of B2B gateway software and 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. Inovis brings with it approximately 16,000 customers from a range of industries including retail and consumer products, financial services, transportation/logistics and automotive.

“GXS sees strong potential for further growth in B2B managed services and B2B integration software,” says Bob Segert, president and CEO of GXS. “The complementary products of these two companies create significant value for customers that are seeking a single global provider for B2B e-commerce,” adds Sean Feeney, president and CEO of Inovis.

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.

Further details on the merger of GXS and Inovis can be found here: www.gxs.com/inovis and www.inovis.com/gxs.