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ALSO HOLDING AG EQS-News: Acquisition of Daquas: ALSO Ready to Roll Out Cloud in Czech Republic and Boost Microsoft Expertise

Transparency directive : regulatory news

22/12/2020 14:00

EQS Group-News: ALSO Holding AG / Key word(s): Acquisition
Acquisition of Daquas: ALSO Ready to Roll Out Cloud in Czech Republic and Boost Microsoft Expertise

22.12.2020 / 14:00


Emmen, Switzerland, 22. December 2020
MEDIA RELEASE
 

Acquisition of Daquas:

ALSO Ready to Roll Out Cloud in Czech Republic and Boost Microsoft Expertise

The new normal has accelerated the shift to remote communication and access. ALSO supports customers in the necessary transition through its Cloud Marketplace Platform (ACMP) and the adoption of the consumptional business model. The acquisition of Czech Microsoft expert Daquas, adds valuable expertise in this area to the Group. At the same time, it spurs on the growth trajectory in Eastern Europe.

Daquas as a Value Add Distributor with a revenue of about 16 million Euros, is one of the top Cloud Solution Providers (CSP) for Microsoft. Building on the knowledge acquired since its foundation in 1991, the company is also consulting in Software Asset Management (SAM), IT Asset Management (ITAM) and software licensing transformation to cloud strategy. They are utilizing a partner network to gain reach and traction.

The Czech Republic is one of the biggest markets in Eastern Europe with a potential of roughly
3 million seats. Daquas' unique expertise will enable ALSO to accelerate the exploitation of the overall 150 million of potential seats in Europe and to monetize the total addressable market of roughly 300 billion Euros. PAAS partners worldwide will also benefit from this knowledge.

"The acquisition underlines our growth strategy in the consumptional business. Not only will the experiences of the company be valuable during the roll out and expansion of the ALSO Cloud Marketplace in the Czech Republic, they also come with an expert knowledge in licensing and will contribute to the further increase of profitability on a Group level" says Jan Bogdanovich, SVP Consumptional Business at ALSO Holding AG (SIX:ALSN).


Direct link to media release: https://www2.also.com/press/20201218en.pdf


Contact person ALSO Holding AG:
Beate Flamm
Senior Vice President Communication
Telefon: +49 151 61266047
E-Mail: beate.flamm@also.com


ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) brings providers and buyers of the ICT industry together. ALSO offer more than 660 vendors of hardware, software and IT-services access to over 110 000 buyers, who can call a broad spectrum of other customized services in the logistics, finance, and IT services sectors, as well as traditional distribution services. From the development of complex IT landscapes, the provision and maintenance of hardware and software, right through to the return, reconditioning and remarketing of IT hardware, ALSO offers all services as a one-stop shop. ALSO is represented in 23 European countries and generates total net sales of approximately 10.7 billion euros with around 4 000 employees in the fiscal year 2019. The principal shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at https://also.com


Droege Group
Droege Group (founded in 1988) is an independent advisory and investment company under full family ownership. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a family- equity business model. The group carries out direct investments with its own equity in corporate spin-offs and medium-sized companies in «special situations». With the guiding principle «execution - following the rules of art», the group is a pioneer in execution-oriented corporate development. Droege Group follows a focused investment strategy based on current megatrends (knowledge, connectivity, prevention, demography, specialization, future work, shopping 4.0). Enthusiasm for quality, innovation and speed determines the company's actions. In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries. More information: https://droege-group.com



End of Media Release


1156945  22.12.2020 

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