living-e AG secures new growth potential with takeover of Xtramind Technologies GmbH

living-e AG, a specialist in Corporate Intelligence Applications, and Xtramind Technologies GmbH, a provider of communications solutions based on artificial intelligence, are joining forces with immediate effect. With the takeover of Xtramind Technologies by living-e, both companies combine their expertise in the field of knowledge and information management.

Archive notice: This article was originally published on October 9, 2007. Links and embedded videos are preserved as part of the historical record.

They thereby advance to become the leading provider of Corporate Intelligence solutions that, on the basis of artificial intelligence (AI), bundle relevant information from the company and the Internet into new knowledge networks. The next goal is the consolidation and expansion of market leadership in Central Europe. In the new constellation, Xtramind will be continued with the Mailminder and Informationminder solutions already established in the market.

With the merger, living-e AG consistently pursues its goal announced at the 2006 IPO of strengthening itself through acquisitions that are optimally suited for use in the web of the next generation. Xtramind Technologies will continuously develop its successful solution portfolio further. The Mailminder and Informationminder products from Xtramind as well as webEdition from living-e will be managed as independent business divisions. Xtramind’s brand and Saarbrücken location will be retained. “After a short and intensive phase of realignment, we are now optimally prepared for the merger and, as part of a listed stock corporation, offer our customers even more investment security,” explains Dr. Horst Joepen, managing director of Xtramind Technologies. “Alongside our established email-management products and cutting-edge technologies in the field of artificial intelligence, above all we bring a strong customer base into the joint company.”