Announced

T-MAPY to acquire a 58% stake in GRID.

Synopsis

T-MAPY, a secure configurable analytical map platform, agreed to acquire a 58% stake in GRID, a company engaged in geodetic and cartographic work. Financial terms were not disclosed. “We welcome the entry of T-MAP into GRID and look forward to future cooperation. The combined GRID and T-MAPY platform will be very strong in the complete solution of geomatics issues in a broader context. From this step, I promise to strengthen and further strengthen in technological development, both the creation of geodata and their evaluation, publication and final display and evaluation. For our current and future partners, the new alliance is a confirmation of quality cooperation and its strengthening at all levels," Zbyněk Kugler, GRID CEO.

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