Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here.
Converge continues its global growth with the company’s second European acquisition.
TORONTO, Ontario and GATINEAU, Qubec, Feb. 2022 (GLOBE NEWSWIRE) — Converge Technology Solutions Corp. (“Converge“Where” Society†) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF), an IT and cloud software solutions provider, is pleased to announce that it has acquired Germany-based organization Visucom GmbH together with its subsidiary, School Supplies 4.0 GmbH.
Based in Walzbachtal, Germany, with an additional presence in Haiger, Visucom is a trusted supplier of professional displays, interactive blackboards, speakers, cameras, projectors, screens and media controls for education and public sector customers since 1987. The company also offers on-site installations and training and has an excellent reputation for neutral advice, planning and equipment for all leading media product manufacturers. In 2020, the company acquired School Supplies 4.0.
“Over the past few years, we have worked very successfully with Visucom, which now, as part of Converge, perfectly complements our AV offerings. We are delighted to be able to offer our public sector customers an even more more comprehensive from a single source, so further support their digitization efforts with the help of VisuCom,” said Barbara Weitzel, Managing Director of Rednet AG GmbH, a converge company.
“Visucom is delighted to join Converge. Together with REDNET AG, A Converge Company, we can offer our customers across Germany a wider range of service offerings to complement Visucom’s existing AV media, including bespoke professional and managed services,” said Rüdiger Neller, CEO of Visucom.
“Converge is excited to kick off 2022 with a new opportunity to continue its global expansion and better serve its customers in Europe,” said Shaun Maine, CEO of Converge. “In addition to RedNet AG, a converge company, Visucom will strengthen our presence in Germany and allow us to grow the convergence name in North America.”
Visucom GmbH marks the twenty-seventh acquisition by Converge or its subsidiaries since October 2017. The Converge family of companies also includes Corus Group, LLC; Northern Micro, Inc.; 10084182 Canada Inc. trading 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; PCD Solutions, Inc.; Unique Digital, Inc.; Workgroup Connections, Inc.; Vivo Application Studios LTD. ; Vicom Computer Services, Inc.; Carpedatum llc; Accudata Systems, Inc.; Dasher Technologies, Inc.; Exactly, inc.; REDNET AG; Vicom Infinity, Inc.; Infinity Systems Software, Inc.; LPA Software Solutions, LLC; Opin Digital, Inc; and Paragon Development Systems, Inc.
About VisuCom GmbH
Since 1987, Visucom GmbH has been a reliable partner for education and public sector customers. Beginning with offering data projectors and blackboard installation and maintenance, Visucom is today a trusted supplier of professional displays, interactive blackboards, speakers, cameras, projectors, screens and media controls. Headquartered in Walzbachtal, Germany, Visucom also has a panel building facility in Haiger. For more information about Visucom GmbH, please visit VisucompinGmbH.de/.
About Converge
Converge Technology Solutions Corp. is a software-enabled IT & Cloud solution provider focused on delivering industry-leading solutions and services. Converge’s regional sales and service organizations deliver advanced analytics, cloud and cybersecurity offerings to customers across various industries. The company backs these solutions with managed services, digital infrastructure and talent expertise offerings across all major IT vendors in the market. This multi-faceted approach enables Converger to meet the unique business and technology requirements for all public and private sector customers. For more information, visit convergetp.com.
For more information, contact:
Converge Technology Solutions Corp.
E-mail: investors@convergetp.com
Phone: 416-360-1495
Comments are closed.