Tamedia takes over Doodle completely
The Swiss media group Tamedia is investing in the appointment scheduling platform Doodle and now holds all shares in the online company.
The founders Michael Näf and Paul E. Sevinç and the Innovation Foundation of Schwyzer Kantonalbank as a minority shareholder have sold their 51% stake as agreed in 2011. Following the successful handover of operational management to Michael Brecht in February 2014, Michael Näf and Paul E. Sevinç are stepping down from the Board of Directors of Doodle with the sale of their shares.
In recent months, the appointment scheduling platform has continued to invest in internationalization under the leadership of new CEO Michael Brecht. This strategy has been rewarded with a significant increase in sales. Today, Doodle already reaches more than 20 million users per month worldwide. The scheduling platform, which is available in 17 languages, is planning to open an office in Berlin in 2015, from where ten employees will support its international growth.
According to the announcement, the parties have agreed not to disclose the purchase price.
