Read the news on IT Channel Oxygen.
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London, UK – 2nd December 2024 – QBS Technology Group has announced the acquisition of Titus Corp, a South African-based “long tail” enterprise software distributor. Titus specialises in enterprise software delivery via an extensive partner network throughout SADC. The acquisition strengthens QBS with expert access to the South African enterprise software market and is the next step on our journey to become a billion dollar business.
Dave Stevinson, CEO of QBS, said:
We are pleased to extend our footprint into a proven geography with our third acquisition in the META region. It strengthens our software delivery capabilities and enables our partners to access a rapidly growing and dynamic market. We were impressed with Titus Corporation’s management team, heritage, technical capability, partner enablement, and quite frankly their ambition.
Raldo Loots, Managing Director of Titus Corporation, said:
Joining QBS, the global leader in Software delivery feels like the ideal platform to scale Titus as we seek to grow our publisher base significantly in the SADC region. It is exciting to work alongside Dave and his team – as together we will collaborate with our partner network to solve the most important problems that large enterprises are facing in consolidating their long tail of software publishers.
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About QBS:
Established in 1987, QBS owns and operates Europe’s leading software delivery platform, providing enterprise software through a pan European network of over 6,000 resellers. QBS was recognised by the London Stock Exchange as a company to inspire Britain. QBS Technology Group has 12 offices in EMEA and has annual recurring revenues of USD340Million.
About Titus Corporation:
Established in May 2000 – Titus Corporation is a South Africa-based enterprise software distributor representing over 400 software brands, headquartered in Johannesburg, South Africa. The company represents Nitro, Minitab, ThinkCell, JetBrains and Bluebeam. It has 220 authorised partners across the SADC region. Titus has 10 employees based in the Johannesburg head office with a network of sales and pre-sales representatives across SADC.
For more information, please contact Dave Stevinson – QBS Technology Group – [email protected], 07976411467.