Moderat formed in '02; they are Sascha Ring (aka Apparat), Gernot Bronsert, and Sebastian Szary (aka Modeselektor). As with most bands who are usually filled to the brim with talent, they broke up shortly after the release of their first EP. It wasn't until '09 that they came back together to release their first album, featuring this addictive track. C
Called an "audio-visual declaration," it also featured 10 videos from fellow Berliners Pfadfinderei. As the trailer for Laurence Anyways proves, it pairs well with any visuals, but the music video for this song is pretty fucking sweet.
Not much from Moderat since. Meanwhile Apparat and Modeskeletor continue to release good music, so be sure to check that out.