 The company was founded in 1996 by Prof. Joachim W. Schmidt, Prof. Florian Matthes, Andreas Gawecki and Sören Stamer as a spin-off from Hamburg University of Science and Technology.Its first two customers were Deutsche Presse Agentur and Axel Springer Verlag.In 2000, the company was renamed as CoreMedia AG and the following year Deutsche Telekom launched its T-Online portal on CoreMedia software.