Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

NEWS

Mobile messaging and payment specialist CM takes over the German text message service providers SMSKaufen and Innosend. In doing so, CM strengthens its market position in Germany with the addition of 15,000 active customers, including Toyota and Mercedes.

SMSKaufen was established in 2000 and is part of EventVoiceMedia GmbH. Apart from text message services, Innosend and SMSKaufen also offer fax, post and printing services. Thanks to an API connection, customers can quickly send letters to addresses worldwide via Deutsche Post. With this takeover, CM extends its service provision to letter sending.

Thomas Dickenbrok of SMSKaufen and Innosend: “The decision to sell SMSKaufen to CM originates in the enormous changes in the telecommunications market. EventVoiceMedia had already declared it wished to concentrate on video and audio production. This meant the focus on text messages was lost. Both companies already were customers of CM, which we see as a reliable partner delivering high-quality services. Thanks to the takeover by CM, SMSKaufen is now part of one of the most important players in the mobile messaging market.

Jeroen van Glabbeek, CEO of CM: “The takeover of SMSKaufen and Innosend, with their 15,000 active customers, is a significant step for CM’s market position in Germany. In the past, we have already taken over the German companies SMSTrade, SMSPromote and Mobilant. We were able to implement the takeover very quickly as the existing strong relation between CM, Innosend and SMSKaufen was already very good. CM is the market leader in the field of text messages and push messages, and expands with postal services. That seems to be a remarkable step, but the letter sending service of SMSKaufen is a nice addition to our portfolio and enriches the communication processes of our customers.”

Continue Reading

Recent Posts