Converge Technology Solutions Corp. Completes Acquisition of Gesellschaft für digitale Bildung (“GfdB”), Institut für moderne Bildung (“IfmB”), and DEQSTER
29 July 2022 - 10:45PM
Converge Technology Solutions Corp. (“
Converge” or
“the
Company”) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a
software-enabled IT & Cloud Solutions provider, is pleased to
announce the closing of its previously announced definitive
agreement to acquire Germany-based organizations Gesellschaft für
digitale Bildung (“GfdB”), Institut für moderne Bildung (“IfmB”),
and DEQSTER. Converge announced it had entered into the definitive
agreement on June 15, 2022.
Headquartered in Germany, GfdB, IfmB, and
DEQSTER are all education market focused organizations enabling
schools and universities to implement their digital future. GfdB
and IfmB are full-service IT suppliers for education, offering
everything from hardware and software to advanced training and
comprehensive technical/consulting services. DEQSTER specializes in
the development and production of equipment for digital learning
and working, with a broad portfolio comprising of tablet cases,
protective sleeves, digital pencils, and more.
GfdB, IfmB, and DEQSTER join the portfolio of
companies announced by Converge or its affiliates since October
2017. Converge’s family of companies also includes Corus Group,
LLC; Northern Micro, Inc.; 10084182 Canada Inc. operating as
Becker-Carroll; Key Information Systems, Inc.; BlueChip Tek, Inc.;
Lighthouse Computer Systems, Inc.; Software Information Systems
LLC.; Nordisk Systems, Inc.; Essex Technology Group, Inc.;
Datatrend Technologies, Inc.; VSS, LLC; Solutions PCD, Inc.; Unique
Digital, Inc.; Workgroup Connections, Inc.; Vivvo Application
Studios LTD.; Vicom Computer Services, Inc.; CarpeDatum LLC;
Accudata Systems, Inc.; Dasher Technologies, Inc.; ExactlyIT, Inc.;
REDNET GmbH; Vicom Infinity, Inc.; Infinity Systems Software, Inc.;
LPA Software Solutions, LLC; OPIN Digital, Inc; Paragon Development
Systems, Inc.; Visucom GmbH; 1CRM Systems Corp.; Interdynamix
Systems; Creative Breakthroughs, Inc.; PC Specialists, Inc. d/b/a
Technology Integration Group; and Notarius.
About GfdB Gesellschaft für
digitale Bildung (GfdB, Society for Digital Education) accompanies
schools and educational institutions all over Germany on their way
into the digital future. It sees itself as a process companion that
identifies individual digital solutions. As a provider of complete
digital solutions, GfdB is a one-stop supplier – it offers
everything from the right hardware and software to advanced
training and comprehensive technical and consulting services.
Together with more than twenty partners from the digital sector,
GfdB creates new ways of digitalization – for modern digital
classes that inspire teachers and motivate students. For more
information about Gesellschaft für digitale Bildung, visit
www.gfdb.de.
About IfmBThe Institut für
moderne Bildung GmbH (IfmB, Institute for Modern Education) was
founded in Tutzing in the year 2020 and is a partner to educational
institutions such as schools and universities on their path to
digitalization. The activities of IfmB include the development of
ideas and the implementation of digital concepts for the education
sector. As a provider of complete IT solutions, IfmB supplies
hardware and software and provides comprehensive services related
to digitalization for schools and educational institutions. IfmB
offers its clients a 360-degree approach and develops customized
and contemporary digital solutions with a focus on sustainability
and innovation. For more information on IfmB, visit
www.ifmb.de.
About DEQSTERFounded in 2021,
the Hamburg-based company develops and produces equipment for
digital learning and working. Its portfolio comprises tablet cases,
protective sleeves, a digital pencil, charging cables, chargers,
and adapters. All DEQSTER products are specially designed for use
in schools and educational institutions. The high-quality equipment
matches the requirements of students and teachers towards digital
accessories perfectly. DEQSTER sees itself as an accessories
specialist that supports the holistic approach of digital education
optimally with its products. The product solutions are distributed
nationwide via a broad network of retail partners. For more
information on DEQSTER, visit www.deqster.de.
About Converge Converge
Technology Solutions Corp. is a software-enabled IT & Cloud
Solutions provider focused on delivering industry-leading solutions
and services. Converge’s global solution approach delivers advanced
analytics, application modernization, cloud, cybersecurity, digital
infrastructure, and digital workplace offerings to clients across
various industries. The Company supports these solutions with
advisory, implementation, and managed services expertise across all
major IT vendors in the marketplace. This multi-faceted approach
enables Converge to address the unique business and technology
requirements for all clients in the public and private sectors. For
more information, visit convergetp.com.
For further information
contact:Converge Technology Solutions Corp. Email:
investors@convergetp.comPhone: 416-360-1495
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