Zug, Switzerland (PRWEB) May 22, 2015
The acquisition will include TFG’s Intellectual Property and its Research and Development team for an undisclosed amount. QUADROtech will integrate Timefinity’s connectors, converters and un-published ideas into their product line - creating the most capable migration company in the market. The idea incubator and Research and Development teams will also be integrated into QUADROtech in order to enable the significant acceleration of new and existing products, to satisfy the requirements of all migration customers.
As part of this acquisition, Dan Clark, CEO of Timefinity Group, will join the QUADROtech Executive Team as Chief Strategy Officer.
Peter Kozak, CEO of QUADROtech said “The combination of Timefinity Group with our flexible, email ecosystem migration framework will enable us to provide our customers and partners with fast incubation and realization of software and service ideas, helping businesses save time and money. Furthermore, it will enable QUADROtech to extend its reach into new markets; a good example being TFG’s unique “glass” product line, or the “CloudExec” Framework.”
“The integration of both companies will take place over the next few months. Our customers will continue to receive the same high quality support which they have come to expect,” continued Kozak.
Dan Clark, CEO of Timefinity Group said “Timefinity Group, formed just 18 months ago, has worked tirelessly to take small ideas and incubate them into successful projects. A significant proportion of our growth has been driven by unique unparalleled conversion and integration technology which has allowed providers, such as QUADROtech, to accelerate data extraction from 3rd party systems and safely ingest it into Microsoft Office 365 and Exchange. Working with the QUADROtech team and QUADROtech's unique market position, we are ideally suited to address new market opportunities together. The whole team and I are excited to be joining the QUADROtech group.”
Two business divisions are excluded from this acquisition, MigrationForensics.com and RoutingHouse. These divisions will move to a private venture capitalist and continue as operating businesses in their own right, independently of QUADROtech.
About QUADROtech: QUADROtech's technology is used to power the migration projects of companies looking to migrate email archives, live mailboxes and PST files/offline emails to a range of new archiving platforms such as new versions of Enterprise Vault and Office365. With cloud hosting, ingestion innovations such as AIP, a global network of partners and a staff of industry experts, we help our customers avoid the more costly, time-consuming and risky aspects of a migration project.
QUADROtech Solutions is a Microsoft Gold Application Development partner and a Symantec STEP program member and has established partnerships with many of the world’s leading IT infrastructure providers including Microsoft, HP, Symantec and IBM.
QUADROtech is a trademark of QUADROtech Solutions AG. All other trademarks are the property of their respective owners.
Rachel Taylor - Global Head of Marketing
Andrew Clare - VP, Worldwide Business Development