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Data Center News > Blog > Investments > Timetoact Acquires Trustbit
Investments

Timetoact Acquires Trustbit

Last updated: February 23, 2024 12:03 am
Published February 23, 2024
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Timetoact Group, a Cologne, Germany-based supplier of IT providers for medium-sized companies, firms and public establishments, is buying Trustbit, an Austrian consulting agency targeted on digital transformation and the event of digital enterprise fashions.

The quantity of the deal was not disclosed.

The merger of Trustbit with Timetoact Austria – along with the opposite corporations of Timetoact Group – will create a digitalisation participant in Austria. Jörg Egretzberger, Trustbit’s CEO, will turn out to be the Co-Managing Director of Timetoact Group Austria and a shareholder in Timetoact Group.

Timetoact Group contains specialised IT corporations throughout 17 areas in Germany, Austria and Switzerland, in addition to in Latvia, Malaysia, Singapore and the USA. With over 1,250 workers and a complete portfolio of software program and consulting providers, the digitalisation knowledgeable primarily concentrates on medium-sized and enormous corporations from the economic, monetary and repair sectors, in addition to public establishments.

SWP Softwarepark is current in the marketplace beneath the Trustbit model. Based in 2007, Trustbit is a Vienna-headquartered IT consulting firm with round 50 workers. The corporate helps purchasers from a wide range of sectors with customer-driven software program options, machine studying & information science, in addition to IT consulting.

FinSMEs

22/02/2024

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See also  Ōura Acquires Sparta Science
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