Olympia Group acquires 80% of METIS Cyberspace Technology SA

METIS - Olympia Group

Olympia Group on Thursday announced the acquisition of an 80 pct stake in the Greek startup company Metis Cyberspace Technology SA and also mentioned it planned to invest 4.0 million euros in the 2018-2019 period.

Metis specialises in the Internet of Things, Cloud Computing and Artificial Intelligence sectors, with a focus on meeting the needs of global ocean shipping industry. The company offers an innovative solution allowing shipping companies to monitor in real time the condition of their fleets around the globe.

Metis has already begun cooperation with leaders in the global shipping sector, both Greek and foreign, and plans to raise its workforce to 35 this year, from 22 currently.

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