S&P: GXS unaffected

Standard & Poor's said its ratings and outlook on GXS Corp. (B/negative/--) are not currently affected by Francisco Partners' (GXS' majority shareholder) recent acquisition of G International, which owns and operates International Business Machines' Electronic Data Interchange and Business Exchange Services businesses.

It is expected GXS and G International will merge within the next few quarters.

While S&P said this acquisition will expand GXS' global presence as the leading provider of EDI software and services, the ratings agency said it expects continued pricing pressures will continue to weigh negatively on the traditional EDI business.

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