DATAGROUP SE: DATAGROUP increases stake in technology segment of public cloud services and expands its strategic portfolio
October 05, 2022 at 01:48 am EDT
Share
EQS-Media / 05.10.2022 / 07:46 CET/CEST
Pliezhausen, 05 October 2022. DATAGROUP increases its stake in subsidiary Cloudeteer to become majority shareholder, enhancing its expertise in the strategically important technology segment of public cloud solutions.
“The market development as well as the need for modern and highly available public cloud solutions within the CORBOX Services have been steadily increasing for years. One of the key requirements of the market and of our customers is to have flexible and customized solutions”, explains Andreas Baresel, CEO of DATAGROUP.
“Thanks to our rapidly growing team of currently 55 specialists for these applications at Cloudeteer, we have made a major contribution to meeting the requirements of our customers over the past two years”, adds Marc Sundermann, co-founder and managing partner of Cloudeteer.
The necessary scope of a full-service provider, ranging from CORBOX Private Cloud platforms to fully integrated CORBOX Public Cloud services, demonstrates the capability of DATAGROUP to respond to the ever-evolving requirements of our customers.
DATAGROUP has held an interest in Cloudeteer for roughly two years and has helped growing the company. The increase in the shareholding sets a clear signal that public cloud solutions will remain an integral component of DATAGROUP’s service portal going forward.
“By successfully integrating Cloudeteer into DATAGROUP while maintaining the individual corporate culture of a “tech startup” we underline our expertise in inorganic growth”, adds Oliver Thome, CFO and responsible for M&A. “Helping to unlock visions and ideas and making available the structures for a successful development of young, innovative companies – this is a unique selling proposal in our segment.”
The positioning of Cloudeteer as a specialized supply unit for the customers’ cloud-first strategies rounds off DATAGROUP’s solution portfolio and is an important step for the company’s development as a technology and innovation leader in the IT service market.
About DATAGROUP
DATAGROUP is one of the leading German IT service companies. Some 3,500 employees at locations across Germany design, implement, and operate IT infrastructures and business applications such as SAP. With its CORBOX product, DATAGROUP is a full-service provider, supporting global IT workplaces for medium and large enterprises as well as public authorities. The company is growing organically and through acquisitions. The acquisitions strategy is particularly noted for its optimal integration of new companies. DATAGROUP is actively participating in the IT service market’s consolidation process with its “buy and turn around” and its “buy and build” strategy.
Contact:
DATAGROUP SE
Corporate Communication presse@datagroup.de
End of Media Release
Issuer: DATAGROUP SE
Key word(s): Information technology
05.10.2022 CET/CEST Dissemination of a Press Release, transmitted by EQS - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
DATAGROUP SE
Wilhelm-Schickard-Str. 7
72124 Pliezhausen
Germany
Phone:
+49 (0)7127 970 000
Fax:
+49 (0)7127 970 033
Internet:
www.datagroup.de
ISIN:
DE000A0JC8S7
WKN:
A0JC8S
Indices:
Scale 30
Listed:
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange; London
Datagroup SE is Germany-based information technology (IT) service provider. Its service and product portfolio includes IT Consultation, which includes IT landscape transformation and IT landscape consulting; System Integration, such as mobile solutions, software development and interactive voice response language portals; Systems, Applications and Product (SAP) solutions, including SAP application lifecycle management, SAP business solutions, SAP Hana and SAP landscape transformation, as well as training and workshops. The Company offers CORBOX, a modul-based solution for IT outsourcing, including data center services, network services, end user services, application management services, SAP services, printing services, communication and collaboration services, big data services, service desk, security services, monitoring services, robotic process automation and continuity services.