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  5. Thomas Krenn Acquires XORTEX eBusiness

M&A Deal Summary

Thomas Krenn Acquires XORTEX eBusiness

On September 20, 2011, Thomas Krenn acquired internet software and services company XORTEX eBusiness

Acquisition Highlights
  • This is Thomas Krenn’s 1st transaction in the Internet Software and Services sector.
  • This is Thomas Krenn’s 1st transaction in Austria.

M&A Deal Summary
Date 2011-09-20
Target XORTEX eBusiness
Sector Internet Software and Services
Buyer(s) Thomas Krenn
Deal Type Add-on Acquisition

Target

XORTEX eBusiness

Neufelden, Austria
XORTEX eBusiness GmbH is a full service internet agency focused on offering eBusiness (web portals, online shops, intranets), eMarketing (search engines, campaigns, newsletters) and hosting (web and mail server) services. XORTEX was formed in 1999 and is based in Neufelden, Austria.

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Buyer(S) 1

Buyer

Thomas Krenn

Freyung, Germany
Category Company
Founded 2002
Sector Technology Hardware
DESCRIPTION

Thomas Krenn is a manufacturer of servers and storage systems through which it caters to small and medium-sized businesses. The company has been supplying end-users, resellers and data center operators with high-quality hardware based on the build-to-order principle. As a solution provider for individual customer projects. Thomas Krenn was formed in 2002 and is based in Freyung, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Austria M&A 1 of 1
Year: 2011 M&A 1 of 1
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