Together with the Qvest management, Tarent will leverage its activities in the media, corporate and public sector and roll out its services across the Qvest Group's worldwide locations.
The Qvest Group, a global systems architect and integrator for media, information and communications technology, has acquired a majority stake in Tarent AG to build a strategic partnership with effect from February 10, 2021. Tarent AG is a technology partner specialising in digital consulting and software development and supports companies in the realisation of digital and technology solutions.
By acquiring a majority stake in Tarent, the Qvest Group is looking to expand its role as a systems architect, and as a technology and digital partner in the media sector. It also enables the Qvest Group to position itself strongly in target markets such as the corporate and the public sector. With more than 300 employees in Germany and Romania, Tarent has expertise in the design of scalable and flexible IT solutions such as platforms, cloud computing, microservices, loT and artificial intelligence, and is specialised in individual software development.
Speaking about the acquisition, Peter Nöthen, CEO of the Qvest Group GmbH, said: “We are currently looking at an increasingly accelerated paradigm shift in the media world. Streaming and cloud platforms, artificial intelligence, and the growing replacement of proprietary hardware with standard IT and software components are just a few indications of the change in the technology design of media infrastructures and the associated adjustments in work processes towards more digitality and automation. In the course of their digitisation strategy, companies and the public sector need strong partners in innovation, change and organisational management who advise on technology-driven transformation processes and specialise in implementing customised digital solutions. This is exactly where Tarent strengthens us with their dynamic teams, which stand for high innovative power, agility and software expertise. We are very pleased that the company is now part of the Qvest Group.”
Boris Esser, one of the four board members of Tarent AG, added: “By gaining Qvest as a partner, we can strengthen our positive development and further expand it in the course of our growth strategy beyond the existing industries and customers. The combination of our joint innovative portfolios in the fields of technology and digitalisation creates an extremely appealing partner for the media sector. Companies will benefit from the fact that we know the challenges of the industry and cover solutions from consulting to implementation and support. We are looking forward to the next steps together and to presenting this potential to the market.”
The management of tarent AG – Dr. Stefan Barth, Kai Ebenrett, Boris Esser and Alexander Steeg – will continue to run the business. Together with the Qvest management, they will leverage their activities in the media, corporate and public sector and roll out tarent services across the Qvest Group’s worldwide locations.