0
IT

QSC buys 25% stake in aiXbrain, secures rights to acquire majority

Thursday 7 November 2019 | 10:53 CET | News
German service provider QSC has announced the acquisition of a 25.1 percent stake in aiXbrain, a specialist in artificial intelligence (AI) for the manufacturing industry, for an undisclosed sum. QSC also secured the rights to acquire a majority stake. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: QSC
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Cloud, consulting services drive Q3 revenue growth for QSC

Published 11 Nov 2019 11:17 CET | Germany
German technology services provider QSC has reported revenue up to EUR 32.3 million for Q3 2019, driven by growth in cloud and ...

Last week in telecoms: earnings reports, Virgin Media migrates its MVNO, Deutsche Telekom sees T-Mobile US merger progress

Published 11 Nov 2019 07:00 CET | Europe
The Telecompaper European Telecoms Services index was down 0.3 percent in week 45, versus a gain of 2.1 percent for the EuroStoxx ...

QSC to join Open Industry 4.0 Alliance

Published 14 Aug 2019 13:40 CET | Germany
German service provider QSC opted to join the Open Industry 4.0 Alliance and actively promote the standardisation and ...

QSC targets EUR 200 million revenues, 10% EBITDA margin in 2020plus growth strategy

Published 27 May 2019 10:37 CET | Germany
The company recently upgraded its forecast for the fiscal year 2019 based on the sale of its subsidiary Plusnet, predicting ...

QSC sells Plusnet to EnBW Telekommunikation for EUR 229 mln

Published 07 May 2019 09:49 CET | Germany
The divestment is expected to help QSC accelerate its expansion in the cloud and IoT businesses. The firm said it intends to ...

QSC wins cloud, network deal from PEAC Finance

Published 08 Jun 2018 14:05 CET | Germany
Financial company PEAC Finance Germany has commissioned German ICT service provider QSC to migrate its existing IT landscape to a ...