In May 2009, United Internet announced the acquisition of the DSL business of Freenet AG. In December 2008, it was announced that the company would take over united-domains AG, based in Starnberg, Germany, for around € 34 million.
In May 2005, United Internet acquired the portal and e-mail business of Web.de, which was merged with its in-house offering GMX to form 1&1 Mail & Media GmbH. United Internet's IPO took place before the peak of the New Economy, but the share reached a closing price of over 200 percent of the issue price on the first day of trading.īetween 20, the subsidiary 1&1 entered various foreign markets, including the UK, France and the USA. Ordinary shares with a notional share of capital stock of one euro each were used. It later becomes United Internet AG, under whose umbrella the 1&1 brand stands for Internet access products. In March 1998, the company went public under the name 1&1 Internet AG &Co. In the 1990s, the company grew into a large corporation that offered web hosting packages as well as its own online service that allowed users to dial up to the Internet. The history of the Group goes back to 1&1 EDV-Marketing GmbH, which was founded in 1988 by Ralph Dommermuth and Wendelin Abresch as a service provider for marketing and advertising.
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