quoi9

European explorations 43° 50′ 23.6″ N | 4° 21′ 43.9″ E





European Web 2.0 company going public

November 14th, 2006 · No Comments

The German company, OpenBC is to be floated on the German and Swiss stock exchangeobc_logo.png within the next six months. The announcement came at the same time as Konstantin Guericke flew into Germany to open a new website for LinkedIn, the company he co-founded and a major competitor to OpenBC.
They both cover the same area — letting business people connect with each other through their network. The OpenBC business network has about 1.5 million members.
The three-year-old European company is planning to use the proceeds for international expansion. Maybe the planned renaming of the company from OpenBC to Xing, could give a clue, as to the direction this expansion might take?

source - goingpublic.de

Tags: Internet general · European startups

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment