Dutch cybersecurity and cloud consultancy QSight IT has been acquired by telecom firm KPN. No terms were disclosed.
Previous shareholders in QSightIT including Holland Venture announced today that they have agreed to sell their shares in the company to the telecom firm.
“With the acquisition of QSight IT we add a team of highly-skilled security and Microsoft professionals, significant security detection and prediction capabilities as well as corporate and large enterprise customers,” said Eelco Blok, CEO of KPN. “Together, we will be able to provide our customers with the full scale of products, services and consultancy necessary to ensure that they can keep their ICT networks, systems and products safe – from prevention to detection and prediction.”
According to the Delft-based company it had a turnover of €50 million in 2016 through clients in the public and private sectors.
Holland Ventures originally invested in the company when it was known as QI ICT, which merged with Onsight Solutions in September of last year to become QSight IT.
“Securing data is of absolute importance and indispensable for any organization. With this vision in mind, we have helped QSight IT to become a leading player in cyber security and Microsoft Cloud services in both the middle segment of the market as well as for large corporates,” added Hubert Verbeek, managing partner at Holland Venture.
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