Germany: Axel Springer plans online expansion through acquisitions and new units

Posted by Alisa Zykova on July 4, 2008 at 12:37 PM

German publishing company Axel Springer set an objective for 2007: "steadfast expansion with a focus on the digital business", according to CEO Michael Doepfner. In 2008, the company is planning to further its advance towards digitalization by making acquisitions or establishing new online units.

The company's leap towards digital media might feature making acquisitions or establishing new units to expand sports coverage, job sites and regional contribution.

Source: FinanzNachrichten through IFRA Executive News Service

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• Axel Springer,Germany,online

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• Multimedia

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