KPN to acquire QSight IT
KPN has agreed to acquire QSight IT Holding B.V., a leading managed security services and public cloud consultancy provider in The Netherlands. The acquisition is in line with KPN’s strategy to grow its security and public cloud consultancy business.
QSight IT offers a breadth of managed security services including proactive 24/7 cyber threat security monitoring services, operational security management and cloud consultancy. QSight IT services companies in the public and private sector and generated approximately EUR 50m in revenues in 2016 with around 250 employees.
KPN is continuously growing its security services portfolio both organically and inorganically, most recently with the acquisition of DearBytes in January 2017. The acquisition of QSight IT is complementary to KPN’s current security services portfolio and further strengthens its detection and prediction capabilities. In addition, the leading public cloud expertise of the Company broadens KPN’s (public) cloud propositions. Supported by these acquisitions, KPN is able to offer a broad range of high quality (cloud) security services to all of its SME, LE and Corporate customers.