Digital River 2001 Annual Report Download - page 20

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In pursuing our mission to be the leading global e-commerce
provider, we have made acquisitions an important part of our
long-term growth strategy.With eleven acquisitions behind us in the
last three years (as of April 2002), we have shown that we know how
to efficiently integrate clients and cultures, consolidate operations
and increase efficiencies to make acquisitions accretive to our
bottom line.
Last year, we reinforced our strong e-commerce leadership position
by acquiring R egSoft.com, Inc., Calico Commerce, Inc.’s Market
Maker business, certain assets of Orbit Commerce, Inc. and Network
Commerce Inc.’s FreeMerchant.com. These acquisitions have
supported our growth, leveraged our world-class scalable
e-commerce system and fixed infrastructure across thousands of new
clients to generate incremental earnings and further extended our
market potential in the small to mid-sized enterprise (SME) market.
Our acquisition of the Market Maker business significantly
contributed to the accelerated development of our next-generation
e-commerce platform, Digital R iver X-Stream™ .
With our acquisition of certain Orbit Commerce assets, we
established channel partnerships with industry leaders such as
Gateway, Inc., Cincinnati Bell, VeriSign, Inc. and other large
enterprises. These relationships, along with our acquisition
of R egSoft.com and certain assets of Network Commerce’s
FreeMerchant.com, are helping us extend our presence in the
SME market and generate new opportunities.They also bring to
Digital R iver new service capabilities and give us the ability to
offer lower-cost and self-directed services to the SME market.As
a result, we meet a broad range of e-business and commerce
needs ranging from enterprise-wide solutions for Fortune 1000
corporations to solutions for the SME market.
Acquiring companies offers Digital R iver multiple benefits
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