QSC AG / Key word(s): Acquisition 21.12.2010 10:07 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- QSC's IT competence strengthened by new acquisition Cologne, December 21, 2010. Effective immediately, Cologne-based QSC AG has acquired all shares of IP Partner AG, of Nuremberg. Formed in the year 2000, this company is a fast-growing provider of hosting and IT outsourcing services for small and mid-size enterprises. With its workforce of nearly 60 people, the company is expected to generate revenues of EUR 14 million and positive net income for the 2010 fiscal year. IP Partner operates two data centers in Munich and Nuremberg with more than 10,000 servers for over 1,000 business customers. Construction is currently under way on further data centers having total floor space of 3,000 square meters. With this acquisition, QSC is accelerating its transformation process from a telecommunications (TC) provider to an integrated information and communications technology (ICT) service provider, thus enabling it to offer its predominantly small and mid-size customers a far broader spectrum of products and services in the future. The purchase price involves two components. QSC will pay EUR 15 million in cash to the former shareholders as of January 3, 2011. A further EUR 10 million will be due and payable by no later than the end of April 2012, contingent upon various prerequisites, including a sustained high level of corporate growth, in particular. Queries to: QSC AG Arne Thull Investor Relations Phone: +49 221 6698-724 Fax: +49 221 6698-009 E-mail: invest@qsc.de Internet: www.qsc.de 21.12.2010 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: QSC AG Mathias-Brüggen-StraÃe 55 50829 Köln Deutschland Phone: +49 (0)221 66 98-112 Fax: +49 (0)221 66 98-009 E-mail: invest@qsc.de Internet: www.qsc.de ISIN: DE0005137004 WKN: 513700 Indices: TecDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: QSC's IT competence strengthened by new acquisition
| Source: EQS Group AG