Tuesday, 22 May 2012

Company History


blaxxun was founded in August 1995 with its sales/marketing offices in San Francisco,CA and management/development in Munich, Germany. blaxxun was adjourned by the US adventure basic aggregation CMGI, in the aforementioned portfolio as arch Internet companies like GeoCities and Lycos. After blaxxun investors included tbg and General Electric.

blaxxun developed assorted 3D browsers2 and multi-user server platforms. Customers included BMW ("3D Car Configurator"), Deutsche Bank ("Virtual Shareholder Meeting"), IBM (3D Notebook Demo), Canal+ ("Virtual Paris"), Siemens, Intel, and abounding added above brands.

In 1996, blaxxun acquired Cybertown, a US-based association and acquired it into a 3D association that admiring added than 1 actor registered users by 2000. blaxxun aswell accustomed collective ventures with Germany's arch administrator Cornelsen (3D association Learnetix) and the soccer association SoccerCity (in accord with Kicker magazine).

In 2000, blaxxun was appointed for an IPO3 at Germany's Neuer Markt. The IPO was delayed and assuredly failed4 in August 2000, if the Internet bang angry into the Dot-Com balloon and its final burst. blaxxun's IPO bunch banks had a accessible altercation about the cancellation, as the IPO was oversubscribed by agency 2,5 on the institutional side.5 In 2001, blaxxun became anon assisting and succeeded in adopting added funding, but again was aswell hit by annoyed Internet revenues.

In aboriginal 2002, blaxxun went out of business. Some assets were taken over by almsman companies.

blaxxun technologies6 connected to bazaar the amount server technologies. Bitmanagement Software7 connected to advance the 3D client. Cybertown8 was accustomed aback to the founders and was after sold.

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