IBX establishes new office in the UK and announces 35 per cent growth during 2006 thanks to Portum acquisition, X2 investments and consequently additional long-term deals. Press release is there. Let’s notice that IBX’s growth in 2006 is much more significant than Hubwoo’s (4,6%) although not based on the same foundation even if, so far, their service offering is similar. Unfortunately, I don’t have a clue about the 2006-revenue of IBX. Anyone does?
Mark Masterson is IBX Sales VP for UK: An experimented man, an eProcurement pioneer and a personal old acquaintance I can tell as I met and worked with Mark 6 years ago when he was working for Commerce One and responsible for Eutilia account (as Eutilia used C1 as its core technology initially) .
IBX is Europe’s leading provider of services and solutions for efficient purchasing. IBX supports large and medium sized organizations in transforming their sourcing, procurement and payment functions, enabling them to quickly capture spend and deliver measurable savings. IBX services and solutions include IBX Strategy, IBX Source, IBX Procure, IBX Pay and IBX Supplier Network. IBX has offices in Stockholm (headquarter), Copenhagen, Frankfurt, Helsinki, Paris, Oslo, Oxford and Stavanger.
to know more about IBX : www.ibxeurope.com
IBX turnover 2006: 251 MSEK
EBITDA positive since April 2003
Chairman: Tuve Johannesson
CEO: Hans Ahlinder