NEWS FROM THE STANDARD |
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Pixelpark to Be Driven Out of the Picture
Mar 20 2001 04:41 PM PST
PROFILE |
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Pixelpark was piecing together an impressive portion of Europe's information technology (IT) services jigsaw puzzle. But the German multimedia firm, which specializes in online advertising, consulting, systems integration, and Web development, called off an agreement to acquire Swedish IT consultancies Mandator and Cell Network; the two had agreed to merge before Pixelpark's offer. While Pixelpark continues to expand in Europe (almost 95% of sales), the company has partnered with Banco Bilbao Vizcaya Argentaria to establish more than 20 offices in South America. Clients include adidas, Lufthansa, and media giant Bertelsmann, which owns 60% of Pixelpark. Founder and CEO Paulus Neef owns 20%.
COMPETITION |
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Cap Gemini Ernst & Young (CAP)
International Business Machines Corporation (IBM)
Icon Medialab International AB (ICON)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 55.90
1-Yr. Sales Growth: 149.9%
Employees: 726
Revenue per employee: $76,997.25
KEY PEOPLE |
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Paulus Neef
CEO
Annette Koch
CFO
CONTACT INFO |
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Rotherstrasse 8
10245 Berlin, Germany
Phone: 49-305-0580
Fax: 49-3050581-400
Online: Web Site
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