Swisscom takes over majority of e-government specialists
Swisscom buys the Innovative Web Group. With the takeover of the group of companies specializing in web solutions for administrations and administration-related organizations, Swisscom is strengthening itself for future tasks in e-government.
Swisscom announces the acquisition of the Zurich-based Innovative Web Group. With the takeover, the telecommunications company wants to expand its activities in the areas of web solutions and e-government for public administrations and municipalities, according to a press release. The Innovative Web Group remains legally independent. The takeover will not result in any changes for customers or employees. The parties have agreed not to disclose the company valuation.
The Innovative Web Group, founded in 2000, is well positioned in the segment of e-government solutions for Swiss municipalities and cities, cantons, municipal utilities, schools and other administrative-related organizations. With the acquisition of the group of companies, Swisscom expects new growth potential for its “Municipalities and Associations” business area, which is mainly handled by the subsidiary Swisscom Directories AG with the municipality platform Localcities .
Localcities provides information and advice on all aspects of official, economic, social and cultural life in the community. In association with Innovative Web, the foundation stone is to be laid in order to “use technical modules reciprocally and develop new, innovative solutions for almost every need of the around 2,200 Swiss communities, regardless of the size of the community”, says Stefano Santinelli , CEO Swisscom Directories AG, quoted.