FONN Group Acquires Qbics Media
- 24 May, 2023
NOR: FONN Group AS (FONN Group), a leading technology group specialising in media and entertainment solutions, has announced the successful acquisition of Qbics Media GMBH (Qbics Media). This strategic move strengthens FONN Group's position in the German-speaking DACH region and enhances its comprehensive portfolio of cutting-edge media production and journalistic tools.
As part of the acquisition, Qbics Media GMBH will be rebranded as FONN Group Dach GMBH, solidifying FONN Group's commitment to serving customers in Germany, Switzerland, and Austria. The existing Qbics Media team, customer contracts, and valuable intellectual property rights will seamlessly transition to FONN Group Dach GMBH, ensuring continuity and delivering unparalleled solutions to clients.
Under the leadership of Michael Schüller, an accomplished professional with extensive industry expertise, FONN Group Dach GMBH will play a pivotal role in driving innovation and serving as a hub for FONN Group's operations in the DACH region. Schüller has been appointed as the Managing Director of
FONN Group Dach, and he will work closely with FONN Group's executive team in Bergen, Norway, Singapore, and New York, USA.
"We are excited to announce the acquisition of Qbics Media, which will significantly strengthen our presence in the German-speaking part of Europe, a crucial market for us," said Haavard Myklebust, CEO of FONN Group. "This strategic move aligns perfectly with our growth objectives in the DACH region and further enhances our diverse portfolio. We are eager to collaborate closely with the talented Qbics Media team to drive mutual success and deliver exceptional value to our clients."
The acquisition of Qbics Media marks another milestone in FONN Group's journey to becoming a global leader in media and entertainment solutions. With a robust portfolio of software companies, including Mjoll, 7Mountains, and everviz, alongside cloud workflows expert Kunnusta and professional equipment reseller and systems integrator Mediability, FONN Group is poised to revolutionise the industry with its innovative and forward-thinking approach.
"We are delighted to join forces with FONN Group as it provides us with enhanced resources to serve our customers and partners in the DACH region and beyond," said Michael Schüller, Managing Director of FONN Group Dach. "We firmly believe that our flagship platforms, Mimir and Dina, will become the go-to solutions for broadcasters in the region in the years to come. We are excited about the endless possibilities this collaboration brings."