SGT German Private Equity GmbH & Co. KGaA
German Startups Group GmbH & Co. KGaA: Focus investment AuctionTech enters into global partnership with star auctioneer Simon de Pury
DGAP-News: German Startups Group GmbH & Co. KGaA
/ Key word(s): Investment
+++ Press release +++ German Startups Group: Focus investment AuctionTech enters into global partnership with star auctioneer Simon de Pury
Together with de Pury AuctionTech has developed an innovative live video online auctioning format which enables live auctions to be broadcasted via the internet from anywhere in the world in true real time. Customers from all over the world can participate and bid in real time from any device. The auction itself will be broadcasted in highest image and sound quality via livestream without the otherwise usual 3-5 seconds latency. By doing so, AuctionTech sets a new standard for the facilitation of digital auctions worldwide. The basis for the necessary software and hardware technology has been purchased in 2017 by German Startups Group together with AuctionTech from the insolvency estate of former Auctionata AG which had been developed by today’s core team of AuctionTech headed by CEO Jan Thiel for a double-figure million euros range. German Startups Group has been lead investor since 2017 and has since then gradually increased its stake. It now holds 23.1% in AuctionTech.
More information is available on our website at www.german-startups.com.
13.09.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | German Startups Group GmbH & Co. KGaA |
Platz der Luftbrücke 4-6 | |
12101 Berlin | |
Germany | |
Phone: | +49 (0)30-54908603 |
Fax: | +49 (0)30-54908604 |
E-mail: | info@german-startups.com |
Internet: | www.german-startups.com |
ISIN: | DE000A1MMEV4 |
WKN: | A1MMEV |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Tradegate Exchange |
EQS News ID: | 873333 |
End of News | DGAP News Service |