Intershop Communications

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Intershop Communications AG

logo
legal form Corporation
ISIN DE000A0EPUH1
founding 1992
Seat Jena , GermanyGermanyGermany 
management
  • Jochen Wiechen
    ( CEO )
  • Markus Klahn
    (Chief Operating Officer)
Number of employees 339 (2018)
sales 31 million euros (2018)
Branch E-commerce software and services
Website www.intershop.de
As of December 31, 2018

The JenTower in Jena houses Intershop

The Intershop Communications AG is a company that e-commerce offers solutions. The company's headquarters are in Jena ( Thuringia ) in the Jentower , the former Intershop Tower .

Intershop's main product is currently Commerce-as-a-Service (CaaS) , a cloud-based and API-oriented SaaS solution for digital commerce and customer portals. This portfolio is supplemented by advice and services. According to its own information, Intershop has over 500 major customers in various industries, including, for example, Hewlett-Packard , Würth, Deutsche Telekom and the Australian Telekom Telstra .

In addition to the main location in Jena, the company has branches in Hamburg, Stuttgart, Frankfurt am Main, Nuremberg, San Francisco, Melbourne and Hong Kong. The Intershop share is part of the CDAX stock market index .

Company history

The company emerged from the Jena-based NetConsult Communications GmbH , a trading company for PCs that was founded in 1992 by Stephan Schambach , Karsten Schneider and Wilfried Beeck. The company sold PCs to the surrounding communities as well as applications from NeXTStep .

The first version of the Intershop software was presented at CeBIT in spring 1994. It was named after the Intershop stores in the former GDR . The mail order company Otto and Hewlett-Packard were won as strategic partners. The first electronic hardware store went online. In 1995 the "Intershop" software went online, which it claims was the world's first fully functioning e-commerce system. From 1996 Intershop expanded and set up branches in the USA and other countries.

On July 16, 1998, the company went public on the Neuer Markt in Frankfurt at an issue price of EUR 51.13. Two years later, on September 29, 2000, the company was listed for the first time on the NASDAQ in New York . At that time - at the height of the dot-com bubble - the company employed over 1200 people. The share reached its high on March 13, 2000 at EUR 2105.37. This meant that Intershop was worth 11.3 billion euros, about as much as the industrial company ThyssenKrupp .

The listing on the NASDAQ was discontinued on February 17, 2004. This was followed by a crash to the all-time low of EUR 0.88 per share on December 8, 2005. The share recovered somewhat from these lows.

For years, Intershop was one of the winners of the Neuer Markt, but in 2001 it fell into crisis. In July 2003, the company's founder, Stephan Schambach, gave up his chairmanship.

The Hamburg company ePages , which was also founded by Wilfried Beeck, took over the rights to the “Intershop 4” product line.

For the 2008 financial year, the company made a profit for the first time. After a loss of two million euros in the previous year, the profit was 1.5 million euros. In the first half of 2009, gross profit rose by 17 percent year-on-year to six million euros, resulting in a gross margin of 44 percent (previous year: 37 percent).

In mid-April 2010, Intershop announced a strategic partnership with the US company GSI Commerce . In June 2011, when it entered GSI Commerce , the Internet retailer eBay took over its Intershop shares of around 26.2 percent and thus became the largest single shareholder. In the course of the spin-off from the parent company Ebay Inc. and the division of Ebay Enterprise, Ebay also withdrew from the shop software manufacturer Intershop in May 2016: The 24.9 percent stake was sold to Shareholder Value Management AG in Frankfurt.

Web links

Individual evidence

  1. a b Annual Report 2018. (pdf) In: intershop.com. Retrieved September 24, 2019 .
  2. intershop.de: data sheet for investors ( Memento from July 20, 2011 in the Internet Archive ) (PDF; 52 kB) , as of May 2012
  3. intershop.de: Intershop with clear profit in most successful business year , February 18, 2009
  4. Intershop publishes half-year figures for 2009