GXS Inc.
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| Public (NASDAQ: OTEX; : OTC) | |
| Industry | B2B e-Commerce Data integration Cloud Services Brokerage |
| Headquarters | Gaithersburg, Maryland, U.S. |
| Products | Managed services, professional services, B2B integration |
| Revenue |
 US$ 480 million (2011)
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| Owner | OpenText |
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Number of employees
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Approximately 3,000 |
| Website | www.gxs.com |
GXS (OpenText GXS) is a subsidiary of OpenText Corporation headquartered in Gaithersburg, Maryland, United States. Its GXS Trading Grid managed more than twelve billion transactions in 2011. Since 2004, GXS has invested more than $250 million in GXS Trading Grid. As of March 16, 2012, more than 550,000 businesses connect to GXS Trading Grid and, on average, more than 2,000 new businesses join each month.
As of December 31, 2011, 58.5% of GXS revenues come from the U.S. and 41.5% of GXS revenues are earned outside of the United States and are managed by regional headquarters in Hong Kong, London, São Paulo and Tokyo.
On November 5, 2013, OpenText Corporation in Waterloo, Canada, announced their acquisition of GXS.
In June 2002, GXS was acquired by venture capital firm Francisco Partners from General Electric Company (GE). It then operated as an independent firm, although GE retains a minority share in its investments.
In 2011, GXS Trading Grid was named "SaaS Product of the Year" by Techworld.
On November 5, 2013, OpenText announced its intention to acquire GXS
In January 2014, GXS was acquired by Canadian-based OpenText Corporation (NASDAQ: OTEX) (TSX: OTC) and adopted the name OpenText GXS.Press Release Announcing Acquisition
In 2003, GXS acquired Celarix, a supply-chain optimization software and services vendor, and in 2004 GXS acquired HAHT Commerce
In 2005, GXS acquired the EDI and Business Exchange Services assets of IBM Corporation.
In May 2006, Microsoft and GXS formed a partnership to integrate Microsoft technologies with the GXS Trading Grid. Microsoft endorsed the GXS Trading Grid as its recommended network for Microsoft BizTalk Server. GXS and Microsoft were awarded the first Power of Partnership Award in June 2006 by START-IT magazine.
Also in 2006, GXS acquired product data quality service provider, UDEX.
On June 4, 2007, Verizon announced that it will sell GXS Trading Grid services as Custom Supply Chain Managed Services and Invoice Automation Service.
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