GIS potential tempts Computer Land to buy Geomar stake

Warsaw-based Computer Land (CL) is to buy a 41% stake, worth zł.3 million, in Geomar, a firm that specializes in Geographic Information Systems (GIS). The transaction is expected to strengthen CL's position in the rapidly growing GIS market, which has already seen CL winning a zł.66 million contract with telecoms giant TP SA for the implementation of a geo-marketing system. Indeed, CL is currently preparing itself for a GIS implementation tender from the National Power Grid and for a possible further contact borne of the nationwide Property Registration System that is touted as being worth some zł.2 billion. According to analysts the coming years will see a boom in GIS solutions in the telecommunications, power-supply and fuels sector. (Puls Biznesu p. 9) M.G.