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Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach

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Combined company will bring a unique combination of eCommerce and subscription management solutions to market through various payment models across the globe.
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Avangate Acquires 2Checkout

2Checkout Chief Revenue Officer Erich Litch Appointed to SIIA Board of Directors

eCommerce executive to offer leadership and insight shaping the future of the software industry

Software & Services Division of SIIA

ATLANTA, GA - April 04, 2018 - 2Checkout (formerly Avangate), a leader in eCommerce, payments and subscription billing solutions, today announced that its Chief Revenue Officer, Erich Litch, has been appointed as a new member of the SIIA Software & Services Division Board of Directors. The leading SIIA association represents 800 member companies from the software and digital content industries and the 20-person board serves as the voice of these companies in the Software & Services Division (SSD).

Litch will serve alongside other industry leaders on the Board of Directors, which guides the projects, activities and events the SIIA conducts. Fellow board members include executives from leading established as well as fast-growing companies such as Accenture, Cisco, goTransverse, Red Hat or Simpplr.

Rhianna Collier
Rhianna Collier

"As SIIA sharpens our focus on helping our member companies advance their business priorities, we welcome the addition of these 20 industry leaders to the board," said Rhianna Collier, Vice President and Managing Director of the SIIA Software & Services Division. "Their global experience and expertise will strengthen SIIA's ability to provide valued tools and services to our member organizations and remain a strong voice for the software and services industry. We are privileged to have the best in the industry leading us in our mission."

Erich Litch as CRO
Erich Litch

"I'm honored to be appointed to the SIIA Software & Services Division board and look forward to working with other industry leaders to deliver the insights and expertise that will advance the software and digital content industries," said Erich Litch, Chief Revenue Officer, 2Checkout. "2Checkout has had a long relationship with the SIIA, and I'm confident that the new board will come up with innovative ways to benefit members of our industry."


Erich Litch is currently 2Checkout's Chief Revenue Officer and also sitting on the board of Tradify, a job management software provider. Litch brings over 20 years of senior leadership, commercial, product and operations experience in growing software businesses to the SIIA board.

More information on the newly elected board on the SIIA website. More information on Erich Litch and 2Checkout (formerly Avangate), on the company's website.

About SSD

The Software & Services Division (SSD) of SIIA represents companies that develop the applications, services, infrastructure and tools driving the success of today's high-tech industry. SSD programs and activities are designed to foster company growth and success by providing professional insights and strategy, executive networking, industry exposure and business development opportunities. SSD member executives actively collaborate to share business and operational expertise, best practices, and new innovations to help companies efficiently build growing and successful businesses. For more information, visit www.siia.net/SSD.

About SIIA

SIIA is the leading association representing the software and digital content industries. SIIA represents approximately 800 member companies worldwide that develop software and digital information content. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to the leading companies that are setting the pace for the digital age. For more information, visit www.siia.net.

About 2Checkout (formerly Avangate)

2Checkout, a Francisco Partners portfolio company, is the digital commerce & payments provider that helps companies sell their products and services via multiple channels, acquire customers across multiple touch points, increase customer and revenue retention, leverage smarter payment options and subscription billing models, and maximize sales conversion rates. The company’s clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, and many more companies across the globe.

Avangate acquired 2Checkout in March 2017. More information about 2Checkout’s Avangate platform and related services can be found on www.avangate.com.

More information on 2Checkout can be found on www.2checkout.com

Media Contact

For media & PR inquiries related to Avangate, please contact:

Delia Ene, Avangate

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