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Mar 2, 2021

The Qt Company Announces New Business Unit to Accelerate Growth and Changes to Management Team

Espoo, Finland - Mar. 2, 2021 - The Qt Company today announces the launch of “Qt Ventures”, an exciting new business unit tasked to accelerate growth and explore new business model opportunities.

Petteri Holländer, who has led the Product Management Organization at The Qt Company for more than five years, will take charge of “Qt Ventures” and will be appointed SVP of Qt Ventures. Marko Kaasila, CEO and founder of cloud-based mobile app testing solution Bitbar, is appointed to the role of SVP Product Management and member of the Management Team. Kaasila is an industry heavyweight who brings with him 20+ years of experience in the software space.

“I’m very excited about the new venture”, commented Petteri Holländer. “The objective for our new ‘Qt Ventures’ business unit will be to solely focus on finding a path to accelerated growth via new businesses outside our current opportunities. The unit has found previous successes already with our new MCU product offering and I look forward to building on this. I welcome Marko Kaasila to Qt and look forward to working with him on future developments.”

“We’re living in an age where great user experiences define any device or service”, says Marko Kaasila. “Qt offers exactly those, and I’m extremely proud to be a part of the company who will shape the user experiences of tomorrow.”

Both Petteri Holländer and Marko Kaasila will be reporting directly to Qt CEO Juha Varelius.

Media Contacts

Katja Kumpulainen, SVP Marketing
+358 9 8861 8040 / pr@qt.io

About The Qt Company

Qt Group (Nasdaq Helsinki: QTCOM) is a global software company with a strong presence in more than 70 industries and is the leading independent technology behind millions of devices and applications. Qt is used by major global companies and developers worldwide, and the technology enables its customers to deliver exceptional user experiences and advance their digital transformation initiatives. The company's net sales in 2020 totalled 79.5 MEUR, and it employs some 366 people. To learn more, visit http://qt.io.