VertiGIS’ acquisition of 1Spatial’s worldwide business and operations is now officially complete as of today.
VertiGIS has finalised and fully closed its acquisition of 1Spatial, a longstanding partner and a global provider of advanced location master data management (LMDM) software.
The deal, which was announced earlier this year, is valued at $166 million.
“High quality, trustworthy data is the foundation of every modern geospatial system and is critical for the autonomous and predictive future we are building,” said Andy Berry, CEO of VertiGIS.
“1Spatial’s expertise and technology complement our portfolio and strengthen our ability to help customers accelerate digital transformation. We’re delighted to welcome the 1Spatial team into VertiGIS.”
The merger of the two entities will strengthening VertiGIS’ existing footprints in Australia and North America and further expand its geographic reach, specifically into new markets including, the UK, France, and the Benelux region.
According to the company, the acquisition will enhance its ability to deliver enterprise-grade data integrity, enabling customers to unlock greater value from their GIS investments. For 1Spatial’s customers, the transaction provides access to VertiGIS’ global product suite, international support network, and industry specific innovations and roadmap.
“GIS has become a strategic platform that delivers real operational and financial impact,” said Berry.
“We see the trends shaping the industry, and we’re ready to help organisations prepare for the next era of modernisation.”
Speaking with Spatial Source earlier this year, the company’s Australian Country Manager, Andrej Mocicka, said “the level of support our customers rely on will remain as strong as ever, if not even better…”.
“Together, VertiGIS and 1Spatial will offer customers a comprehensive geospatial technology portfolio, combining 1Spatial’s data-management platform with VertiGIS’ industry-focused business applications,” he said.
“While VertiGIS has built its reputation delivering high-value workflows at the application tier, 1Spatial adds a powerful data-quality and automation layer, giving customers the tools to evaluate, enrich, and govern the spatial data that underpins those applications.”
