German company q.beyond sell data centre to DATEV

The company q.beyond has sold its Nuremberg data centre to DATEV, a financial software firm. Previously, the company has said that it was considering selling its colocation business, including potentially the sale of a majority stake or a full divestment.

The company currently operates three data centres in Munich and Nuremberg. The Nuremberg location was managed by a separate company, IP Colocation. DATEV has acquired 100 per cent of IP Colocation. 

With the sale of the IP colocation, q.beyond has announced that it is interested in the majority takeover of technology companies that strengthen the existing industry focus, expand the product portfolio or supplement the existing technology competence.

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