Menold Bezler advises Axivion on sale to Qt Group

Menold Bezler advised Axivion GmbH on the sale to the Finnish Qt Group. With the acquisition of the Stuttgart-based software company, Qt further expands its market-leading offering in the field of quality assurance.

Qt Group, listed on Nasdaq in Helsinki, is a global software company with a presence in more than 70 industries. The company generated net sales of €121.1 million in 2021 and employs around 500 people.

Axivion offers innovative software solutions for static code analysis and protection against software erosion. The company had started in 2006 as a spin-off from the University of Stuttgart.

Menold Bezler has advised Axivion GmbH on all legal matters since the spin-off more than 15 years ago.