Qurius wants to strengthen market position in Sweden

Qurius is discussing the acquisition of Ibitec, a leading supplier of Microsoft solutions, systems development and education in Sweden. Ibitec has 70 staff members and offices in Stockholm, Gothenburg and Linköping. Its profitable 2006 turnover was 6.5 million euro. Ibitec’s clients include large Swedish and international enterprises such as Ericsson, BT Industries, Toyota Material Handling, SAAB, Volvo, DeLaval and GGP Sweden (Stiga), municipalities and public bodies.
“The teaming of Ibitec’s expertise with Qurius’ broad Microsoft solutions and services portfolio creates exciting opportunities and synergies,” says Lennart Holeby, ceo of Ibitec. “Ibitec aims to be the best, most complete partner for Microsoft solutions and services for Swedish companies. This move enables accelerated fulfilment of this ambition. Being a Qurius company will also bring advantages of scale and thus enable better support of international clients.”

One strong country organisation
Qurius deploys autonomous growth and acquisitions to expand its European market leadership in Microsoft solutions and services. “Ibitec and Qurius well complement each other. Having cooperated in multiple projects, we have learned that Ibitec excels in innovative software development. Ibitec also has the right market and business knowledge to advise enterprises and institutions on the competitive advantages, improvements and innovations that can be achieved using Microsoft products. To this, they owe their Microsoft Enterprise Group Partner status, meaning that they belong to the few companies serving a country’s top 250 companies together with Microsoft”, says Qurius director Tom Stolk.

The mutual activities can easily be bundled in one strong country organisation. With that, Ibitec’s solutions and concepts will form a key element of the competence-oriented Qurius Advanced Solutions and Qurius Education business lines. Both parties aim to conclude the transaction in April. Qurius will finance the purchase price partly in cash and, at the company’s discretion, partly in shares.

Ibitec AB
Ibitec is a knowledge company in the field of innovative business solutions, state of the art system development and advanced IT education. Ibitec is known as the Swedish most competent Microsoft partner providing advanced solutions, such as portals and integration. Ibitec is Microsoft Enterprise Group Partner and Microsoft Gold Partner with the competencies Business Process and Integration, Information Worker, Microsoft Business Solutions (for Microsoft Dynamics AX and Microsoft Dynamics CRM) and Learning Solutions (also for Microsoft Dynamics AX). Ibitec was founded in 1999; its 70 staff members are based in Stockholm, Gothenburg and Linköping (headquarters).