Type Aktiengesellschaft Motto Simply Retail | Traded as FWB: GKS Area served Worldwide Revenue 62.6 million EUR (2015) Parent organization GK Software Holding GmbH | |
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Founded Schöneck/Vogtland, Saxony, Germany (1990 (1990)) Founder Rainer Gläß (CEO)Stephan Kronmüller Stock price GKS (ETR) € 63.95 -0.05 (-0.08%)8 Mar, 5:36 PM GMT+1 - Disclaimer Profiles | ||
GK Software AG is a listed technology company headquartered in Schöneck/Vogtland. The company specializes in software solutions and services for the operation of large retail company branches. GK employs about 840 individuals at twelve locations worldwide. The name stands for the initials of the two founders of the company, Rainer Gläß and Stephan Kronmüller. According to the fiscal year 2015 annual report, GK Software achieved revenue of 62,602 million.
History
Rainer Gläß and Stephan Kronmüller founded G&K Datensysteme GmbH in Schöneck/Vogtland in 1990. After successful growth, the company was converted into a stock corporation in 2001 and in 2008 went public in the Prime Standard of Deutsche Börse.
The specialist for mobile solutions, Solquest Gmbh was acquired by GK in 2009. In 2012, the acquisition of the AWEK Group considerably reinforced the Services business segment of the company. GK Software acquired the retail segment of DBS Data Business Systems Inc., a US-based Point of Sale software specialist in 2015. In 2010, CEO Rainer Gläß was awarded the Ernst & Young business award as entrepreneur of the year. The Munich Strategy Group awarded GK Software a third place rank on the list of the most successful German mid-size enterprises in 2013.
The company maintains twelve locations in Germany, as well as in South Africa, the United States, Russia, Ukraine, Switzerland and in the Czech Republic.
The company distributes its products under the name GK/Retail Business Suite. This includes software for Point of Sale (POS), Backoffice, merchandise management, Store Device Control, sales promotion, administration of vouchers, automatic label printing, Open Scale and Monitoring.
In 2009, SAP initially took over the distribution of two products. This has now extended to five products, whose distribution is aimed globally since 2013.