Qatar’s Catalyst acquires Germany’s Kunst Stoff
19 Oct 2014
(MENAFN) Catalyst Qatar, the design and development of software applications and games company, announced that it has acquired Kunst Stoff, a reputable German company in the electronic media field, though it did not mention any financial information regarding the deal, The Peninsula Qatar reported.
Catalyst Qatar is known to be one of the first private Qatari companies to invest in the technology sector, with plans to provide technical skills and specialized knowledge of technology for both Qatar and the region.
“Catalyst aims to attract specialized skills from the technology field to Qatar making it the expertise hub in the region. The company hopes to teach young people about technology by establishing training centers that specialize in computer engineering, the design and development of programs, applications, games and other forms of interactive electronic media,” Founder and CEO of Catalyst said.