Minneapolis, Minnesota – (The Hosting News) – October 4, 2006 – Global web hosting and e-commerce outsourcing provider, Digital River, has renamed its German-based subsidiary from element 5 GmbH to Digital River GmbH, in order to align the company’s major global operation centers in Germany, Ireland, Luxembourg and the U.S., into one, unified enterprise.
Joel Ronning, CEO of Digital River remarked, ”We believe this name change will help us create an even stronger, more united position for Digital River to operate, grow and compete in global markets. This shift is a natural continuation of our global expansion strategy. It reflects a single, unified, go-to-market strategy and is aligned with the growing global nature of our business.”
The element 5 technology platform will remain an integrated part of Digital River‘s outsourced e-commerce solution. Digital River’s team in Germany, consistent with the company’s other worldwide offices, supports Digital RiverÃ¢â‚¬â„¢s full complement of technology, products, services and marketing programs.
Earlier this year, Digital River established two new wholly-owned subsidiaries in Europe – Digital River Ireland, Ltd. and Digital River International S.a.r.l. Digital River Ireland is located in Shannon, Ireland; and Digital River International is in Luxembourg, Luxembourg. In addition to its U.S. headquarters, Digital River also has international offices in Cologne, Germany; London, England; Taipei, Taiwan; and Tokyo, Japan.
Founded in 1994, Digital River, Inc., focuses on e-commerce outsourcing, building and managing online businesses for more than 40,000 software publishers, manufacturers, distributors and online retailers. Its multi-channel e-commerce solution, which supports both direct and indirect sales, is designed to help companies of all sizes maximize online revenues as well as reduce the costs and risks of running an e-commerce operation. The company’s comprehensive platform offers site development and hosting, order management, fraud prevention, export controls, tax management, physical and digital product fulfillment, multi-lingual customer service, advanced reporting and strategic marketing services. Digital River is headquartered in Minneapolis with offices in major U.S. cities as well as Cologne, Germany; London, England; Shannon, Ireland; Luxembourg, Luxembourg; Taipei, Taiwan; and Tokyo, Japan.
For more information about Digital River, please visit: www.digitalriver.com.