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GMV makes strategic investment in U.S. company Syncromatics



Spanish company GMV, specialised in operational backup and ticketing systems, has signed an agreement for a strategic investment in the U.S. company Syncromatics.


GMV makes strategic investment in U.S. company Syncromatics

(30/09/2015)  With this investment in the Californian company, a provider of intelligent transportations systems with a software distribution model through public transport network (Software as a Service, SAAS), GMV increases its expansion capacity in the United States and consolidates its position in the global transport market.

Syncromatics offers GMV, which has been running a subsidiary in the United States since 2004, an excellent approach to the expanding U.S. market of intelligent transportations systems for public transport. The investment will generate significant commercial, technological and operating synergies.

Syncromatics, for its part, will benefit from GMV’s experience, complementary technologies and products and financial resources. With this strategic investment, the company will now have the resources to accelerate its growth.

Founded in 2006, Syncromatics provides its management and passenger information solutions to more than 40 operators and public transport authorities in the United States.

 

 


 
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