Det Norske Veritas (DNV), the global risk management specialist with over 6,000 employees worldwide, has acquired Q-Labs, a European leader in engineering and software process improvement services, to form a central part of its new venture into IT Risk Management.
DNV has been a shareholder in Q-Labs since 1998. The acquisition is the latest move in DNV’s IT Risk Management strategy, a new business venture which has also included the acquisitions of London based Information Security and Safety specialist Echelon, Dutch consulting and education company CIBIT, and German IT Management company Tireno.
“The new structure enables DNV to give high priority to the integrity and reliability of business and safety critical IT-systems and software,” says Annie Combelles, CEO of Q-Labs, and now COO of the new DNV business unit. “Adding Q-Labs’ proven IT competence to DNV’s risk management excellence and joining forces with other highly specialised consulting companies in the IT field enables us to continue our rapid growth strategy while maintaining a clear technology focus.”
Q-Labs is an international leader in the definition and the optimisation of processes related to development and maintenance of software and systems. Established in 1989, the company today has offices in France, Germany, Sweden, the UK, China and the United States. It employs a team of 120 consultants, has for more than 15 years in software process improvement and has successfully implemented projects for world leaders in the automotive and finance industry, telecommunications, general industry, and aerospace.
Q-Labs provides assessment, training and consulting services to assist clients in implementing CMMI and SPICE-based improvement programs. Additionally, Q-Labs is a CMMI Transition Partner with the SEI (Software Engineering Institute).
Established in 1864, Det Norske Veritas (DNV) is an independent foundation with the objective of safeguarding life, property, and the environment and is a leading international provider of services for managing risk. With 6,100 employees in 300 offices in 100 different countries, DNV operates in multiple industries, and has been a leader in the development of training, assessment, certification and improvement services and tools since 1977. DNV is headquartered in Oslo, Norway.