Intershop opposed to per transaction revenues

NEWS The statement is in opposition to the stance held by Database software giant Oracle which set up its own ASP, Business Online, in 1998. Stephan Shambach started Intershop, a company now worth $2bn, at the age of 19 and is currently its CEO. He rejected the idea of per transaction fees as a business model for his own company, but conceded it is viable for end users to pay for their software on a transaction basis through a third party ASP. Speaking exclusively to silicon.com, Shambach said: "We don't want to deal with the issue of billing on a per transaction basis. It would limit our growth because of the over-complexity."