However, he anticipates integrating some Accellos products into the HighJump line. High Jump acquired TrueCommerce in the fall of 2010. There was no change in the ownership of the stock—private equity group Accel-KKR purchased a majority ownership in Accellos in October 2012 and continues to hold that stake. The official announcement made no mention of the reasons for choosing the HighJump name, but Accellos always seemed a bit inaccessible as a moniker.
Estimated reading time: 0 minutes, 44 seconds
ACCELLOS ACQUIRES HIGHJUMP Featured
HighJump, which markets TrueCommerce EDI, is merging with Accellos, also in the EDI space. The company will operate under the HighJump name. Accellos, based in Colorado Springs, Colo. was founded in 2006 by Michael Cornell who has become CEO of the newly constituted HighJump. Nick Manolis,
SVP and GM of the TrueCommerce EDI Solutions Group,
said in a prepared statement he would continue to operate the TrueCommerce group and he expects no significant changes to the product road map.
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