United Internet

United Internet AG
Aktiengesellschaft
Traded as FWB: UTDI
Industry Telecommunications
Predecessor 1&1 EDV-Marketing GmbH
Founded 1988 (1988)
Headquarters Montabaur, Rhineland-Palatinate, Germany
Key people
 Ralph Dommermuth (CEO and chairman of the management board), Kurt Dobitsch (Chairman of the supervisory board), Gracy Law (board member of the supervisory board
Services ISP, web hosting, webmail
Revenue €2.397 billion (2012)[1]
€153.7 million (2012)[1]
€71.5 million (2012)[1]
Total assets €1.241 billion (end 2012)[1]
Total equity €815 million (end 2012)[1]
Number of employees
 6,254 (end 2012)[1]
Subsidiaries Mail.com
1&1 Internet
GMX Mail
Website www.united-internet.com

United Internet AG is a global Internet services company headquartered in Montabaur, Rhineland-Palatinate, Germany.[2] The company is structured in two business areas, Access and Applications and contains a total of 13 brands and numerous subsidiaries. It is the parent company of 2 major email providers (GMX and Mail.com) and with the brand 1&1 and its 2.91 million DSL customer contracts, it owns leading ISP in Germany.[3]

Since 2003, it is listed on the TecDAX. In its operating business, United Internet AG acts primarily via 1&1 Internet. United Internet is active in various countries, as of August 2018: Austria, Canada, France, Germany, Italy, Mexico, Poland, Spain, United Kingdom, Switzerland, Poland, Czech Republic and USA.[4]

United Internet operates its own Internet backbone with computer clusters at several Internet exchange points (DE-CIX, INXS (Vodafone Munich Exchange), AMS-IX, LINX).[5]

History

The history of the company dates back to the 1 & 1 EDV-Marketing GmbH, which was founded in 1988 as a service provider for computer based marketing and advertising. In the 1990s, the company grew into a large company, which offered not only web hosting packages but also its own online service.[6]

Starting in 2000, United Internet initiated the acquisition of the internet provider Schlund+Partner .

In July 2008, United Internet AG acquired a 30% stake in Jimdo GmbH.[7] Jimdo's website builder became the core of 1&1's MyWebsite product (formerly dubbed "MyBusiness Site)".[8] Jimdo bought back its shares in 2009.[9]

United Internet AG's subsidiary 1&1 Internet AG acquired the DSL business from Freenet AG for EUR 123 million in May 2009.[10]

In 2013, through its subsidiary United Internet Ventures the company acquired a 25% share in Open-Xchange.[11]

In February 2014 United Internet announced the acquisition of a 25% stake in e-commerce software company ePages.[12] ePages announced on the same day that the company would provide a new global e-commerce platform for customers of United Internet's 1&1 brand.[13]

In September 2014, United Internet announced it had agreed to acquire a 74.9 percent stake in Versatel from KKR for a fee of around €586 million.[14]

Subsidiaries

United Internet is the parent company of 2 major webmail providers: GMX Mail, which is predominantly a European provider, and Mail.com whose users are mainly from the US and the UK. It also owns 1&1 Internet, a domain registrar and web hosting provider.

References

  1. 1 2 3 4 5 6 "Annual Report 2012". United Internet. Retrieved 23 February 2014.
  2. ↑ "Contact." United Internet. Retrieved on 7 May 2009.
  3. ↑ "Telefonica O2 eyes Hansenet, United Internet - report". Retrieved 2008-03-24.
  4. ↑ "From past to present". 1&1. Retrieved 2014-02-23.
  5. ↑ "Web Hosting Provider, 1&1 Internet, Enlists Foundry's NetIron XMR Multi-Services". Retrieved 2009-03-24.
  6. ↑ "Unsere Geschichte - 1&1 – Das Unternehmen". 1&1 – Das Unternehmen (in German). Retrieved 2018-08-22.
  7. ↑ "United Internet AG acquires a minority stake in Jimdo GmbH." Thomson Reuters. July 8, 2008. Retrieved on May 1, 2009.
  8. ↑ "Jimdo Sells 30% Stake To United Internet, Signs Deal To License Its Website Editing Tool". Retrieved 2014-02-23.
  9. ↑ "Thanks, but No Thanks: Passing on an 8 Figure Venture Round". Retrieved 2014-02-23.
  10. ↑ EANS-Adhoc: freenet AG / United Internet to acquire freenet's DSL business July 26, 2009. retrieved on May 28, 2010.
  11. ↑ "United Internet Ventures AG buys shares in Open-Xchange AG". Retrieved 2014-02-23.
  12. ↑ "United Internet acquires equity interest of around 25 percent in ePages". Retrieved 2014-02-23.
  13. ↑ "ePages provides the new global e-commerce platform for 1&1 customers". Retrieved 2014-02-23.
  14. ↑ "United Internet to buy KKR's stake in Versatel for $769 mln" (Press release). Reuters. 3 September 2014.
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