Galigeo acquired a majority stake in geoXtend GmbH of Limburg to address the growing Location Intelligence and Analytics markets in Germany, Austria and Switzerland.
Michael Arthen, geoXtend's Founder and Managing Director said: "In addition to our already existing Technology and Services offering, we can now deliver modern Location Intelligence solutions based on the Galigeo platform to companies looking to leverage their investments in Business Intelligence (BI) and CRM. Location Intelligence adds the spatial dimension to standard BI and CRM systems to solve optimization, analysis, prediction and reporting problems. Galigeo chose geoXtend to develop in German speaking countries because we are specialized in LI, have a team of GIS and Business Intelligence experts and experience to succeed in delivering solutions in geomarketing, Sales force and territory management, law enforcement, compliance and life-sciences."
Galigeo invests in geoXtend GmbH to expand in Germany, Austria and Switzerland
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