Announced

Qvest Group to acquire TeraVolt.

Synopsis

Qvest Group, a consultant and advior for organizations and companies worldwide on the requirements of digital transformation, agreed to acquire TeraVolt, an owner-managed agency for digital media products and consulting in Hamburg. Financial terms were not disclosed. "We are proud that TeraVolt has developed into a leading OTT solution provider for the TV industry. Our expertise perfectly complements the extensive competencies of the Qvest Group. As an integral part of Qvest, we are now jointly able to provide even more comprehensive support to customers worldwide to make the most of the remarkable opportunities of digital transformation," Tobias Künkel, TeraVolt CEO.

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