QBS Technology Group, based in London, has acquired Hungarian software distributor KSKFT, furthering its strategic goal of reaching $1 billion in revenue and strengthening its presence in Central Europe.

Strategic Alignment with Revenue Goals

The acquisition of KSKFT, known as one of Hungary’s oldest and most respected software businesses, aligns perfectly with QBS's ambitious revenue target. By integrating KSKFT, QBS enhances its portfolio with key software partners including JetBrains, ShareGate, Altova, and R Studio.

Expansion Through International Acquisitions

This move is part of QBS's broader international acquisition strategy, which has already seen successful expansions into markets in France, Germany, Turkey, and most recently, South Africa. The acquisition of KSKFT is another step in QBS’s aggressive expansion drive, aiming to solidify its market position across multiple regions.

Strengthening Central European Presence

By acquiring KSKFT, QBS Technology Group not only gains a foothold in Hungary but also strengthens its overall presence in Central Europe. This strategic move allows QBS to offer enhanced services and solutions to a wider customer base, leveraging KSKFT’s established market presence and expertise.

QBS continues to grow its international footprint, reinforcing its commitment to becoming a leading global technology distributor. The integration of KSKFT into the QBS family is expected to drive further growth and innovation, supporting QBS’s long-term strategic objectives.