Friday 12. November 2010
Axel Springer acquires interest in portal operator SOHOMINT
Axel Springer AG will acquire a 72.6 percent equity interest in SOHOMINT GmbH, an operator of themed content portals on the Internet (“verticals”). The remaining shares representing 27.4 percent of the companys equity will stay with the two company founders Karsten Krienke, 35, and Timo Nolte, 35, who will continue to bear operational responsibility for SOHOMINT as Managing Directors, and with the previous Chief Operating Officer Patrick Aust, 29, who will become the third Managing Director.