Esker’s intent to acquire the company was first announced in October 2016.
Offering a suite of EDI services, e-integration covers a wide range of solutions for the automation of order management, e-invoicing, logistics, procurement and other business-critical processes. Its online platform currently connects more than 7,000 companies worldwide.
The acquisition of e-integration will allow Esker to further grow and develop in Europe’s market, increase its revenue in the German market by more than 150 %, and strengthen its customer base with 600 new active accounts, comprised of mid-sized industrial companies.
Esker has also acquired a 20 % share in e-integration’s PROmitea business, a cloud-based application, which will continue to be managed by its majority shareholder. PROmitea helps companies automate procurement, sourcing and supplier relationships.
The Paypers. All rights reserved. No part of this site can be reproduced
without explicit permission of The Paypers(V2.3).