Thu, 26 Jul 2018 | MERGER
Bingham based 3D Laser Mapping and Ruddington based GeoSLAM have announced a merger.
3D Laser Mapping specialises in supplying geospatial technology and works alongside mining companies, governments, universities, blue-chip companies and operators of highways, power lines and railways while GeoSLAM, a pioneer in SLAM algorithms, produces 3D hand-held mobile mapping technology.
The merging of the two Nottinghamshire based companies is set to bring an extensive range of complementary skills and place every kind of mobile mapping hardware in one single portfolio.
The founder of 3D Laser Mapping, Graham Hunter said: "This merger will combine the best of the two leading organisations with strong global coverage.
"They both have very different skill sets with GeoSLAM specialising in global sales, marketing and distribution, whilst 3D Laser Mapping bringing advanced R&D capabilities.
"This will enable the new organisation to supply next generation leading products worldwide.
"The contribution of CSIRO since the formation of GeoSLAM in 2012, has been significant in creating the market for handheld mobile mapping and I look forward to strengthening our relationship through this merger."
The offices of the new business are located in the UK, US, The Netherlands, Australia and South Africa.
The chief financial officer of GeoSLAM, David Burton commented: "We are absolutely thrilled to be merging the companies and believe that the combined resources of these businesses will help us to exceed our level of service and support to global customers and dealers.
"We will continue working with our customers and dealers in the same way as we do now, but look forward to enhancing their experience by bringing together two innovative and ambitious organisations."
The new business will trade as GeoSLAM.
For more news about mergers click here. For all our commercial property listings, click here.
Offers a comprehensive range of solutions for mobile phones, GPS tracking and telematics, and two-way radio communication systems. Has established long, strong relationships with its suppliers, ensuring the longevity of the business. Offers invited.
LEASEHOLD
Established Fintech software development business. Over the past 15+ years, our client has built a reputable brand and profitable business specialising in the development of resilient and often complex financial sector applications. Specialising in P...
They are a leading manufacturer of Digital Portable Tachometers & associated devices in Europe. They specialise in the design and manufacture of high quality speed measurement products, and have been doing so for over 40 years. In addition, the compa...
LEASEHOLD
|
20
|
|
Sep
|
Thomas Cook seeking 'last-ditch' fire sale | BUSINESS SALE
Thomas Cook Group is reportedly trying to piece together a l...
|
19
|
|
Sep
|
Smith & Williamson and Tilney to merge | MERGER
After revealing in August this year that talks were in place...
|
18
|
|
Sep
|
Infrastructure investment manager takes stake in LJLA | BUSINESS SALE
Infrastructure investment management group, Ancala Partners,...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources