Private investment firm Comvest Partners acquires the financially troubled e-retailer, which filed for Chapter 11 bankruptcy protection in March.
The partnership will initially focus on B2B and discreet manufacturing customers, as well as Intershop’s ISV (Independent Software Vendor) partners with a variety of fully managed services and hosting options.
Tenzing Managed IT Services (Tenzing), a leading provider of hosting solutions for E-commerce System Integrators (SIs) and Software-as-a-Service (SaaS) providers announced today it has partnered with Intershop Communications Inc., a premier provider of agile, multi-channel e-commerce solutions. Under the terms of the agreement, Tenzing will provide fully managed IT services tuned to support Intershop solutions. The partnership will initially focus on B2B and discreet manufacturing customers, as well as Intershop’s ISV (Independent Software Vendor) partners with a variety of fully managed services and hosting options.
“Intershop’s commerce platform is an industry leader in the B2B space. It’s a robust offering – for the discrete manufacturing space in particular – that allows customers to aggregate and manage multiple business channels and complex selling scenarios on a single platform," says Brian Shepard, Tenzing's Founder and CEO. "By partnering with Intershop, Tenzing is building on its existing expertise in hosting e-commerce solutions to better support Intershop customers, while expanding our reach to e-commerce ISVs on a global basis."
Intershop is a proven e-commerce solution that supports multi-channel sales strategies and for doing business worldwide. With over 500 active customers around the globe and single clients who do billions in top line revenue per year from a single instance, Intershop offers a proven level of scalability and flexibility to meet the challenges of any kind of business that wants to improve the purchasing experience of their clients and resellers. Numerous Intershop customers service over 50 locales and languages as part of a cohesive strategy to break down traditional business silos and empower international growth. Intershop’s rich Product Information Management (PIM) capabilities means that even catalogs with millions of products can be managed effectively to ensure that the right products are viewed by the right people at the right price.
“Tenzing is trusted by leading e-commerce SIs and SaaS Providers to deliver business-critical Internet applications for some of the world's largest companies," adds Tjip Sugijoto, Managing Director, Americas, Intershop. "Tenzing's full portfolio of managed IT services and Tier 1 data centers will help Intershop and our customers meet the highest standards for delivering e-commerce and SaaS services globally while maintaining a level of operations that is required by high-equity brands. Tenzing has a deep background in business continuity and regulatory compliance that also brings a level of comfort to both our established enterprise clients as well as emerging brands who realize that it is not enough to just put a store up; it has to be an extension of your overall go-to-market strategy.”
Tenzing provides managed hosting solutions in fully redundant, enterprise-grade data centres, that are supported by the people, processes and expertise needed to guarantee service levels that match the business requirements of its clients, and their customers. Built on its Everest e-commerce and SaaS delivery platform, Tenzing's comprehensive services portfolio is designed specifically to meet the unique business requirements of e-commerce and SaaS providers.
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is a leading provider of comprehensive state-of-the-art e-commerce solutions. Intershop’s Enfinity Suite 6 is high-performance packaged software for internet sales, complemented by all necessary services including comprehensive online marketing consulting and a transaction platform for order-, supplier-, product- and channel management from its daughter companies SoQuero and TheBakery. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing, including fulfillment. Around the globe more than 500 enterprise customers, including HP, BMW, Deutsche Telekom, and Mexx run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, and Australia. Find out more at www.intershop.com.
Founded in 1998 and having more than 450 clients, Tenzing is a specialized managed hosting company trusted by leading Software-as-a-Service (SaaS) providers and e-commerce Systems Integrators to deliver high-performance applications to some of the world’s largest companies and most recognizable brands. Tenzing's mission-critical hosting infrastructure, mature ITIL / IT Service Management (ITSM) practices, and comprehensive application-level Service Level Agreements (SLAs), enable the reliable, secure, and scalable delivery of complex SaaS and e-commerce applications. Tenzing is ISO 27001 and SAS 70 Type II certified with data centres in Toronto, Vancouver and Kelowna, B.C. For more information, visit www.tenzing.com.