24.02.2014
QSC AG DE0005137004
DGAP-News: QSC AG takes over encryption specialist FTAPI
DGAP-News: QSC AG / Key word(s): Acquisition
QSC AG takes over encryption specialist FTAPI
24.02.2014 / 11:24
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QSC AG takes over encryption specialist FTAPI
Cologne, February 24, 2014. QSC AG, the leading ICT provider for
medium-sized businesses in Germany, takes over 51 per cent of the shares in
the Munich based FTAPI Software GmbH, a company specializing in encrypted
data exchange between business customers.
The start-up was founded in 2010 and offers a range of products around
high-security transfer and storage of confidential company data. With
FTAPI, files can be transferred and stored at different security levels,
from an SSL download link to an end-to-end encryption. The features can
easily be integrated in existing CRM and ERP systems like SAP and
Salesforce as well as in e-mail solutions like Outlook. The particularity:
The encryption is very easy to handle, it works also with large data
volumes in the gigabyte range and is available as a local software solution
as well as a cloud service. Furthermore, FTAPI has developed
branch-specific solutions, for example for transport, manufacturing, trade,
media and finance.
With the acquisition of the security specialist QSC intensifies as planned
the in-house development of innovative cloud-based services. At the same
time FTAPI benefits from QSC's high-security data centres, the efficient
distribution channels and the client base of over 30,000 business
customers.
"Since the latest NSA spying scandal the security issue has become very
important. FTAPI's own software development and their contemporary products
are totally in line with this topic", says Juergen Hermann Chief Executive
Officer of the QSC AG, stating a reason for the acquisition and emphasizes:
"This is only the beginning. We want to keep providing companies and
creative minds the opportunity to continue to develop their innovative
products and to market them efficiently. This is part of our ICT strategy."
The total market for IT security in Germany has been growing steadily for a
long time with growth rates of five per cent a year. QSC projects the
submarket for IT security software relevant for FTAPI at currently 800
million euros with an annual growth of at least 10 per cent a year.
The company FTAPI GmbH already has renowned businesses among their
customers such as Hochland Group, MAN Roland and SSI Schaefer. The two
company founders and managing directors, Stephan Niedermeier and Daniel
Niesler, will remain shareholders and continue to develop FTAPI for QSC in
the years to come. They emphasize: "For us, QSC is the ideal partner. As
far as we are concerned, there is no German company apart from QSC with a
comparably high innovation speed which will influence the ICT market in
such a significant way in the years to come."
The QSC AG buys the main part of their shares from the lead investor
High-Tech Gruenderfonds as well as from Bayern Kapital and Gebrueder Mende
GmbH.
Romy Schnelle, Senior Investment Manager of High-Tech Gruenderfonds,
accompanied FTAPI on their way to this successful exit in only two years:
"We are very pleased about the strong partnership between QSC and FTAPI.
The merging of the two companies generates a high potential in distribution
as well as in the technical product development."
Arno Nonnen, Dr. Schwarz-Schilling & Partners, worked as an M&A advisor for
FTAPI.
QSC: ICT solutions for medium-sized businesses
The company QSC AG offers medium-sized businesses extensive ICT services
from one source: everything from telephony, data transfer, housing, hosting
to IT outsourcing and IT consulting. As SAP Gold Partner and Microsoft Gold
Certified Partner, QSC AG also has special knowledge in the field of SAP
and Microsoft Implementation. In-house designed cloud services for very
diverse applications complete the portfolio. With their own ultra-modern
network infrastructure as well as Germany-based computer centres certified
by TÜV and ISO, QSC is among the leading medium-sized providers of ICT
services in Germany. The company offers both custom-made solutions for
individual ICT requirements and a modular product portfolio for smaller
business customers and distribution partners. QSC employs around 1,700
people and is listed in the TecDAX.
Queries to:
QSC AG
Arne Thull
Head of Investor Relations
Phone: +49 221 669-8724
Fax: +49 221 669-8009
E-mail: [email protected]
Internet: www.qsc.de
End of Corporate News
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Language: English
Company: QSC AG
Mathias-Brüggen-Straße 55
50829 Köln
Germany
Phone: +49-221-6698-724
Fax: +49-221-6698-009
E-mail: [email protected]
Internet: www.qsc.de
ISIN: DE0005137004
WKN: 513700
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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