takeovers: S&T purchased the IT activities of T-System in Turkey, took over Unitis in Hungary, the Grall Group in the Czech Republic and BEELC in Poland. In the same year, S&T withdrew from the markets in Malta, Greece and Switzerland. A few months later, Switzerland became part of the S&T group of enterprises once more, when S&T took over the SAP consulting company IMG The Information Management Group in spring 2007. The US subsidiary of IMG was sold again in September 2007. Announced on October 3, 2012 was the merger between the S&T and the Quanmax groups, with the latter taking over the former. The merger was concluded on December 12, 2012. It entailed S&T System Integration & Technology Distribution AG’s being merged into Quanmax AG, which was subsequently renamed S&T AG. S&T entered the smart energy sector in 2014. It took stakes in Networked Energy Services Corp. and in Affair OOO, and purchased ubitronix system solutions GmbH. On September 19, 2016, S&T AG's stock was incorporated into the Frankfurt Stock Exchange's TecDAX index. In October 2016 S&T acquired the IT market customers segment of Austria's Raiffeisen-Informatik group. These customers comprise those not belonging to the Raiffeisen group and served by its Raiffeisen IT one. Its portfolio of services include computer center and SAP operation, and, as well, consulting and software development, with the latter being in the area of collaboration management software. In 2017, S&T took a stake in Kontron, a Germany-headquartered manufacturer of embedded computers. The purchase was predominantly financed by Foxconn, the Taiwan-headquartered provider of commissioned manufacturing services. Foxconn took a nearly 30% stake in S&T AG. On August 17, 2017, Kontron was merged into S&T; “Kontron” is being maintained as a brand. References External links https://www.snt.at https://ir.snt.at International information technology consulting firms Companies based in Vienna Information technology companies of Austria