freenet AG

M&A Activity • Jun 19, 2003

News Details

Ad-hoc | 19 June 2003 08:00

freenet.de AG english

freenet.de AG Takes Over Remaining Shares In life medien GmbH Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– freenet.de AG Takes Over Remaining Shares In life medien GmbH freenet.de AG / Hamburg – freenet.de AG is increasing its holdings in the life medien GmbH, Berlin, to currently 100 percent. To date freenet.de AG owned 61 percent of life medien. By increasing its stake in life medien, freenet.de AG has set a new priority in its online strategy: the presence of people on the Internet. With different domain-hosting products, life medien is a leading provider of Internet presences in Germany. Beyond access to its own Web presence, the company offers a number of added-value services in the fields of online community and communications. At the same time, freenet.de AG’s augmented holdings create new momentum and add synergies in the strategically important field of paid services. The hosting service is handled on freenet.de’s own fixed-line network, and is characterized not only by high data throughput and a high degree of availability, but also and especially by its customer-friendly service concept. Meanwhile, freenet.de is in a position to make this high-performance level service available at an extremely low cost thanks to being able to draw on its own fixed-line network. end of ad-hoc-announcement (c)DGAP 19.06.2003 ——————————————————————————– WKN: 579200; ISIN: DE0005792006; Index: NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 190800 Jun 03