KARLSRUHE, Germany, March 24, 2010 /PRNewswire/ -- Aron Bohlig, Vice President Corporate Development at Become Inc., assumes on an interim basis the position as managing director of Pangora GmbH, technology provider for online market places, in Germany and the European countries. The US executive assumes with immediate effect the responsibility for the European business of Pangora and will lead the European Pangora team comprising 72 members. The previous managing director of Pangora, Robin Schönbeck, will leave the company based upon mutual agreement.
I am very proud to have led Pangora into a positive future, says Robin Schönbeck about his departure from Pangora. In the last quarter of 2009, Pangora has reached break-even for the first time since long ago. I feel that for me personally this is the right moment to trustfully hand over Pangora into the responsibility of Become Inc. I want to take the opportunity at this point to thank all employees for the outstanding collaboration.
Robin Schönbeck will remain available for Pangora for an interim period with a subsequent consulting role. We thank Robin Schönbeck for his engagement here in Europe, says Michael Yang, founder and CEO of Become Inc. With Pangora, we have an excellent starting position to successfully grow our business in the competitive European market further.
Pangora was acquired in October 2009 by Become Inc., a world leader in price comparison technologies, based in Silicon Valley, California/USA. Become.com was founded in 2004 by Michael Yang who in 1998 had already launched product search engine MySimon. Investors in Become.com include Texas Pacific Group, Transcosmos and the European Founders Fund.
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About Pangora
Pangora, technology provider for online market places, offers customer specific solutions for portal operators and online shops with the aim to generate revenue in e-commerce. The Pangora technology processes and concentrates millions of product data of approx. 4,000 merchants in Europe. The product search and price comparison technologies of Pangora have been awarded several times on national and international level. The 70 portal customers include prestigious portals like e. g. T-Online, Freenet, Payback, PC-Welt and Testberichte.de. Furthermore, Pangora operates the shopping decision portal decido (http://www.decido.de). Pangora is a 100 % subsidiary of Become Inc. and employs 72 employees throughout Europe.
For further information, please contact: Vera Vaubel Vaubel Medienberatung GmbH Gumppenbergstr. 6 81679 Munich Tel: +49-89-981039-87 Fax: +49-89-981039-88 E-Mail: medienberatung@vaubel.de Internet: http://www.vaubel.de
SOURCE: PANGORA
CONTACT: For further information, please contact: Vera Vaubel, VaubelMedienberatung GmbH, Gumppenbergstr. 6, 81679 Munich, Tel.:+49-89-981039-87, Fax: +49-89-981039-88, E-Mail: medienberatung@vaubel.de .
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