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GMV reaffirms its international development and growth strategy with the acquisition of 58% of Skysoft, a Portuguese company with lines of business and target markets complementary to GMV’s. In 2007, the operation was completed with the acquisition of 100% of Skysoft, making it possible to increase the level of organizational integration with the rest of the business group.
In 2007, GMV acquires a and 66% in Masisconvi, SA, a company dedicated to the design, development, manufacturing, and marketing of advanced payment solutions. In early 2011, GMV completed the acquisition of 100% of Masisconvi, SA, and in 2012, it culminated the integration of the company with its merger through absorption by GMV.
Between 2008 and 2015, GMV continued to grow, but at a more moderate pace. Through GMV’s high level of specialization and excellent competitiveness, as well as its growing international implementation, the effects of the financial crisis were limited. During these years, major contracts were awarded by new clients and firm expansion began in growing areas of business.
GMV and the California-based technology firm Syncromatics Corp, provider of SaaS solutions for the intelligent public transportation systems market, sign an agreement through which GMV makes a strategic investment in the capital of Syncromatics. One year later, through its investee Syncromatics, GMV acquires 100% of Mobilitat Works Inc., a technology company specializing in providing solutions on the American market for intelligent on-demand public transportation systems or Paratransit.
In 2016, GMV GmbH, GMV’s German aerospace subsidiary, present on the aerospace, defense, ICT and ITS markets, and INSYEN AG, a leading German company in the field of space mission operations, sign a merger agreement to create the company GMV Insyen AG (under the GMV INSYEN brand), which becomes part of the GMV group.
In 2018, as part of the company’s investment and growth strategy in the American ITS sector, GMV completes the acquisition of Syncromatics, which then begins operating under the GMV SYNCROMATICS brand. With this new investment, GMV expands its expansion capabilities in the US and consolidate its position on the global ITS systems market.
In 2020, GMV Innovating Solutions Limited, GMV’s British aerospace subsidiary, present on the aerospace, defense, ICT and intelligent transportation systems markets, and Nottingham Scientific Limited (NSL), the leading British company in the field of satellite navigation and critical applications, sign a merger agreement through which GMV becomes NSL’s sole shareholder, creating the company GMV NSL Limited, integrated into the GMV company group.
As a result of the international expansion process that began in 2004 with the creation of the American subsidiary, in late 2020, GMV has operational subsidiaries in Germany, Colombia, Spain, USA, France, Malaysia, Netherlands, Belgium, Poland, Portugal, United Kingdom and Romania, as well as permanent establishments or project offices in Morocco, Cyprus, Mexico and beyond.