Software distributor QBS acquires German player Compuwave
€30-revenue Compuwave joins QBS
QBS Distribution has continued its M&A drive with the acquisition of German software distie Compuwave. The firm has offices in Munich and Berlin and turned over €30m in the year ending 31 December 2018. The acquisition is QBS' third since the outbreak of COVID-19 in March. QBS boss Dave Stevinson told CRN that his firm is now one of the largest distributors of tier two and three software across the continent. "Our scale combined with the laser focus on enterprise software allows us to...
More on Distribution
'Record-breaking' 2020 puts European IT channel on track for first ever €100bn-revenue year
Market analyst Context says European IT channel now on track to break first ever €100bn-revenue year in 2021, despite pandemic pressures
Exclusive Networks forms CEE unit with acquisition of €300m-revenue distributor Veracomp
Acquisitive French distributor claims completed acquisition will act as a springboard for further expansion in CEE
Italy's largest distributor inks deal with Chinese networking vendor Tenda Technology
The €3.6bn distributor says SMBs with smaller offices will benefit
Exertis expands North America portfolio with $80m distributor JB&A
Acquisitive UK distributor welcomed a US firm into the fold over the Christmas break
Exclusive Networks hit by cyberattack on New Year's Eve
French security VAD says systems in France, the UK, UAE, the US, and Singapore were targeted
More news
IBM makes second cloud MSP buy in two months
Big Blue taps MSP Taos as being key to driving adoption of its hybrid cloud platform in North America
Akamai 'realigns' financial incentives in new partner program
US intelligence edge platform vendor has changed margins for partners to encourage a closer relationship
Three key ways one of Germany's top VARs is looking to grow its business
Xantaro Germany’s CSO tells us why the channel’s top hurdle is “the war of talent”, why he’s betting on automation, and the important of resellers not having their head turned by the latest new vendor to hit the scene
Dropbox cuts 315 staff as COO jumps ship
CEO says cutting 11 per cent of workforce is necessary for vendor to focus on "key priorities"
