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Converge Technology (TSX:CTS) acquires three German organizations GfdB, IfmB, and DEQSTER

Technology
TSX:CTS
29 July 2022 09:45 (EDT)
Converge Technology Solutions Corp. - CEO, Shaun Maine

Source: Converge Technology Solutions

Converge Technology Solutions (CTS) has acquired three Germany-based organizations.

GfdB, IfmB, and DEQSTER are all education market-focused organizations enabling schools and universities to implement their digital future.

GfdB and IfmB are full-service IT suppliers for education, offering everything from hardware and software to advanced training and comprehensive technical/consulting services.

DEQSTER specializes in the development and production of equipment for digital learning and working, with a broad portfolio consisting of tablet cases, protective sleeves, digital pencils, and more.

With this acquisition, GfdB, IfmB, and DEQSTER join the portfolio of companies announced by Converge or its affiliates since October 2017.

Converge Technology Solutions Corp. is a software-enabled IT and cloud solutions provider focused on delivering industry-leading solutions and services.

Converge Technology Solutions Corp. was up 4.561 per cent, trading at $5.96 at 9:41 AM ET.


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