EagleView Technologies and Pictometry International, a provider in geo-referenced aerial image capture and visual-centric data analytics, jointly announced that they have entered into a definitive merger agreement under which EagleView and Pictometry have combined their businesses into a single entity. The transaction was closed early this year.
The merger creates a global leader providing unparalleled geo-referenced aerial imagery and analytical software solutions servicing both government and commercial customers. The new entity will offer comprehensive and robust capabilities in aerial imagery collections, geospatial analytics and 3-D measurement technologies. A more diversified revenue base, greater financial resources, advanced product capabilities and significant growth opportunities will reach across current industry segments—including local and regional government, insurance, energy and utilities and construction—as well as additional verticals.