Cybersecurity distributor is the first step in 2023’s footprint expansion
London UK, 12 June 2023 – QBS Technology Group has completed a majority investment in Turkey-based cybersecurity distributor, InfoNet, as part of its META expansion and its drive to become a $1bn business by 2030. The latest investment is the first, but won’t be the last of 2023, and sees the addition of software brands, including Allot, Checkpoint, EfficientIP, Firemon, ForcePoint, Ipswitch / Progress, Indeni, RSA, Trend Micro.
“Turkey has been on our radar for some time, but finding a company with the right fit was of utmost importance. With InfoNet, we have an established and successful distribution business with a large customer network and best-in-class products, as well as a very experienced management team and exceptionally strong technical competency,” said QBS’ CEO, Dave Stevinson. “We look forward to supporting the InfoNet business and strategy, and welcoming our new colleagues into the QBS Technology Group.”
“Our business has experienced continuous growth,” said InfoNet’s Kemal Ciliz. “However, to reach the next level, we required a partner with a shared vision for the company as well as having similar values.” InfoNet currently employs a team of 32 cybersecurity experts at their offices in Istanbul and Ankara.”
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About QBS Technology Group:
Established in 1987, QBS Technology Group (including QBS Software) provides a platform for technology companies and channel partners to increase efficiency and achieve growth. With a focus on innovative software – covering the enterprise, cloud, and consumer markets – QBS Technology Group combines experience, specialist skills, local presence and trusted relationships.
Named in the London Stock Exchange 1000 companies to inspire Britain, the group is headquartered in London with 10 regional offices across Europe.
InfoNet was established in 1995 to provide project and consultancy services related to corporate network security, information security and system integration needed in the information technology sector in Turkey. Today, InfoNet is one of the leading value-added distributors of IT security products in Turkey.
QBS Technology Group
+44 (0) 2087337145 / +44 7976411467