investing in
innovation
In October 2006, TagStone's investment partner MS Holding acquired
a 20% stake in Proveo Middle East. Proveo AG, a leading provider of Ground Support Equipment (GSE) management systems already had been working with some of the largest airports and airlines in the world. Proveo solutions have proven to enable the world's leading GSE handling service companies to accurately track and manage their equipment in real-time while cutting operation and maintenance costs significantly .
Today, Proveo has successfully depoloyed its technology at two of Europe's three busiest aiports and two of Asia's five busiest airports. Proveo is currently being evaluated by seventeen airports and airlines across the Middle East and Asia.
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