Divio becomes a public company and swallows Stadtfuchs
Zurich-based Internet agency Divio transforms itself from a limited liability company to a stock corporation and acquires Stadtfuchs. This increases the capital to over 152,500 Swiss francs.
In order to be able to grow further, Zurich-domiciled Divio GmbH has converted to a public limited company, according to a statement on Wednesday. The simultaneous acquisition of Stadtfuchs increases the company's capital to 152'500 Swiss francs. Stadtfuchs is a start-up specializing in software solutions. For Divio, this means the second acquisition within a year. The company had already acquired Zimtkorn in late fall 2010.
Divio's new composition is as follows: Simon Zmoos (Chairman of the Board of Directors), Philippe Willi (Member of the Board of Directors and Chief Financial Officer), Christian Bertschy and Adrian Locher (Members of the Board of Directors).
Divio started 2011 with a very good business year and is looking forward to a positive development, according to the statement. The team is to be further expanded in the coming months.
