Nexway
French software and service company
From Wikipedia, the free encyclopedia
Nexway is a French e-commerce provider for publishers and retailers of PC software and Android apps headquartered in Paris. It was founded in 2002 and acquired by asknet AG in 2019.
| Formerly | Téléchargement Asknet |
|---|---|
| Industry | E-Commerce, Digital Distribution |
| Founded | 2002 |
| Founder | Gilles Ridel |
| Headquarters | La Défense, , |
| Website | www.nexway.com |
History
The company was created in 2002 by Gilles Ridel under the name "Téléchargement",[1] which translates to "Download" in French. The original headquarters were in Nanterre, France.[2][1]
In 2006, the company had €7M in revenue and employed around 25 people.[3][4] In June 2007, the company raised a €5 million euros Series A round of funding from its historical shareholders Turenne Capital Partenaires and XAnge Private Equity, and a new investor, CM-CIC Capital Privé.[4] The company opened offices in Stockholm and Brussels the same year.[4]
The company's revenue reached 32 million euros in 2008.[2]
In November 2009, Nexway was ranked 13th in the French Deloitte Fast 50 with a growth of 1845% over the previous five years.[2]
In July 2010, Nexway raised 14 million euros in Series B funding from Oddo Asset Management and the French Government's investment via CDC.[5]
In 2011, the company opened a subsidiary in São Paulo, Brazil.[6]
In 2016, the company moves its headquarters to the La Défense business district of Paris.[7]
By Mach 2019, the German company asknet AG wholly acquired Nexway Group AG, the holding company of the French Nexway SAS.[8][9] In September 2019, asknet AG renames to Nexway AG, and announces it will use the Nexway brand going forward.[10]
Acquisitions
- Key Technology in Switzerland, 2008[11]
- Boonty, 2009.[12]