GPS World

Tag: GMV

  • GMV Announces New CEO

    GMV, a supplier of satellite ground system software headquartered in Madrid,
    Spain, with a significant role in Europe’s Galileo program, has announced
    the appointment of Jesus Serrano as its new Chief Executive Officer (CEO).
    Serrano, 48, replaces Luis Mayo in his position as the business group’s top
    executive, reporting directly to the board.

    With more than 20 years of experience through various management positions
    at GMV, this Spanish native will continue to lead the multinational technology
    group and expand their products and services to its customers throughout the
    U.S., South America, Africa, Asia and Oceania.

  • Spain’s GMV Wins Malaysian DGPS Contract

    The Marine Department of Malaysia’s Ministry of Transportation has chosen Spain’s GMV and Astronautic Technology Sdn. Bhd. (ATSB) to establish the country’s coastal differential (DGPS) network.

    This contract is partly a result of GMV’s close relationship with ATSB, a Malaysian company, forged more than three years ago in a business cooperation forum organized by the Spanish Overseas Trade Institute in Malaysia, according to the companies. The network established by GMV and ATSB will include four transmitting stations, two remote monitoring centers, and a control center. Along with coordinating the installation of the systems, GMV also will set up the necessary communications software, reference stations and integrity monitors at each site and track the specific remote-monitoring and control-center software.

    “The system we have developed for this project provides dynamic support and flexibility for markets in the maritime sector,” said Luis Mayo, GMV CEO. The project validates Madrid-based GMV’s international expansion and strengthens its position in Malaysia, where it now boasts a portfolio of signature clients, the company said.

  • GMV Buys Controlling Interest in Masisconvi

    Spanish technology conglomerate GMV has purchased a 66 percent controlling interest in Masisconvi S.A., another Spanish company that specializes in design and manufacture of electronic fare-collection systems.

    This purchase will allow GMV to incorporate Masisconvi’s wide range of electronic fare-collection systems into its own range of products in the passenger transport telematics area, where it has traditionally concentrated on GPS-based fleet management systems. This means that GMV can now offer fleet operating companies a complete, across-the-board coverage of all their possible needs in the field of information systems and communications, the company says.

    There is a growing trend of merging fleet management systems and fare-collection systems, according to GMV. Its takeover of Masisconvi will thus enable it to give a better service to its long-standing customers and develop lower-cost systems with improved service features to break into emerging markets, the company says.

    Masisconvi already has a strong foothold in some of these emerging markets, such as South America and North Africa, so its integration into GMV will not only boost its growth prospects but also improve the joint market position of both companies in the transport telematics market, according to GMV.