Gentrack Group announces two acquisitions

Company News

by Jessica Ellerm


Gentrack Group Limited (ASX:GTK) has announced it has acquired Danish company Blip Systems and is close to finalizing the acquisition of CA Plus Ltd.

Blip Systems tracks and monitors passenger movements in airports, using video cameras, mobile phone wifi and Bluetooth sensors.

CA Plus develops software for the management and auditing of airport retail concessional revenue.

Gentrack will use these strategic acquisitions to expand its airport software product range and customer base worldwide.

Share in Gentrack Group Limited (ASX:GTK) last traded 0.74% higher at $4.07.
 

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