Printed Electronics Now staff09.09.20
G+D and Netcetera entered into a strategic partnership in August 2020.
Subject to approval by the antitrust authorities, G+D will become a shareholder of the Swiss company with its investment.
Its funds will be used to accelerate Netcetera’s business growth and global expansion.
Netcetera, founded in Zurich in 1996, brings large expertise in digitization and software development, as well as its innovative strength to the partnership.
G+D is strongly positioned worldwide with a focus on the four core areas of payment, connectivity, identities and digital infrastructures.
As one of the leading companies in physical, electronic and digital payment, G+D opens further doors for Netcetera in the global market.
Simultaneously, the Munich group expands its portfolio of innovative solutions for securing transactions with Netcetera's software tools.
By joining forces, both companies want to serve the growing demand for digital security together.
"Netcetera looks back on impressive business development. We see many connecting factors in our respective portfolios. Therefore, we are convinced that both companies will benefit greatly from this involvement," said Ralf Wintergerst, group CEO at G+D. "Together with Netcetera, we want to enhance our portfolio with supplemental innovative software products for digital payment."
"G+D is very similar to us in many aspects and paves the way for further success of our expanding strategy. I am convinced that this significant step will help us grow sustainably and independently," added Andrej Vckovski, CEO of Netcetera.
