Merkator Group has strategically acquired SIGGIS to bolster its position as a leader in Belgium's geospatial IT sector.
Target Information
Merkator Group continues its growth trajectory with the strategic acquisition of SIGGIS, a prominent player in the geospatial IT sector located in Belgium (www.siggis.be). This acquisition marks a significant milestone, further building upon the momentum Merkator has developed since its collaboration with GIM in June 2022. The transaction reinforces Merkator's position as the leading market player in Belgium's geospatial IT landscape.
This acquisition is also noteworthy as it represents Merkator's first significant move since Sofindev acquired a majority stake in the company in December 2023. SIGGIS has a strong reputation for its innovative solutions in geospatial technologies, making it a valuable addition to Merkator's portfolio.
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Industry Overview in Belgium
The geospatial IT sector in Belgium has been experiencing substantial growth, driven by the increasing demand for advanced mapping solutions and location-based services. As organizations across various industries recognize the importan
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Merkator Group
invested in
SIGGIS
in 2023
in a Strategic Partnership deal