GXS is a Business-to-Business e-Commerce services company headquartered outside of Washington DC. GXS provides services and expertise for a variety of vertical markets including retail/consumer packaged goods, high tech/manufacturing, automotive, and finance/banking.
In the mid 1980's, GEIS rapidly lost large customers due to the rise of cheap, small computers which served the same function as the Mark III service, but at a fraction of the total cost, zero incremental cost for CPU time on any specific machine, and without going through a modem. They tried to recover by focusing on selling their international network communications service instead of mainframe CPU time, but rapid advances in computer communications technology obsoleted the 110/300/1200 baud network which GE ISC had invested millions in developing. in 1985 they created GEnie, one of the first online services for consumers, similar to Compuserve and AOL. However lack of support by management as well as the rise of the Internet led to the demise of GEnie... and GEIS, which was sold by General Electric and renamed GXS. GXS is now privately owned by technology investment firms Francisco Partners of Menlo Park, California and Norwest Venture Partners based in Palo Alto, California.
GXS today has more than 2,000 employees and operates in every industrialized country and many emerging economies like China and the Philippines. It has regional headquarters in Hong Kong, London, San Paulo, Shanghai, Sydney, and Tokyo. The company operates secure data centers in the US, the Netherlands, and Hong Kong. GXS' primary research and development centers are located at Gaithersburg, MD; Raleigh, NC; London; Bangalore and Manila. The Hong Kong data center was closed in 2007 and the Sydney location was closed that same year.
In November 2004, webMethods and GXS formed a partnership, combining webMethods integration software with GXS Trading Grid.
In 2005, GXS acquired the EDI and Business Exchange Services assets of IBM Corporation, increasing its presence in the U.S., Japan, Europe, and Latin America.
In May 2006, Microsoft and GXS formed a partnership to integrate Microsoft technologies with the GXS Trading Grid. Microsoft endorsed the GXS Trading Grid as its recommended network for Microsoft BizTalk Server. GXS and Microsoft were awarded the first Power of Partnership Award in June 2006 by START-IT magazine.
In November 2006, GXS acquired UDEX, a provider of on-demand product data cleansing, validation and certification marketed as "UDEX - A GXS Service".
On June 4, 2007, Verizon announced that it will sell GXS Trading Grid services as Custom Supply Chain Managed Services and Invoice Automation Service.
In China, GXS partnered with ChinaECnet and CEDEX to serve the Chinese high-technology and automotive industries, respectively. Other partners include eBRIDGE Software, epcSolutions, Hitachi Data Systems, IBM, IVANs, JDA Software, Liaison Technologies, Symbol, Verizon Communications and Zebra.
GXS patents include a system for converting a plurality of data structures within an industry, an abstract initiator, a system for access management control, a full-service e-marketplace, and an intermediary system for business document management between companies.