NorthC Group Deutschland GmbH agreed to acquire Ip Exchange Gmbh from q.beyond AG (XTRA:QBY) for €44 million on September 17, 2021. As per the transaction, data centres at the Hamburg location, will remain part of the core business. Completion of the transaction is subject to customary regulatory conditions. Gleiss Lutz acted as legal adviser to q.beyond AG. Alexander Stefan Rieger, Tobias Faber, Jörg Herwig, Carla Luh, Anne Gahleitner, Mathias Schönhaus, Markus Franken, Fabian Pfuhl, Kerstin Neighbor and Marc Schweda of Hogan Lovells served as legal counsels and ING Corporate Finance acted as a financial advisor to NorthC Group Deutschland GmbH. NorthC Group Deutschland GmbH completed the acquisition of Ip Exchange Gmbh from q.beyond AG (XTRA:QBY) on September 20, 2021.