MoreAlso, Leica Geosystems expanded its North American headquarters in metropolitan Atlanta. At the same time, Leica Geosystems announced the acquisition of Terramatics Inc., active in the inertial positioning industry. The acquisition further strengthens the expertise of Leica Geosystems' Geospatial Imaging division.
Leica Geosystems will occupy a 100,000 square foot facility at Technology Park in Norcross, Georgia, USA. Functioning as the Leica Geosystems regional headquarters for the Americas, each of its divisions will be represented, with a special focus on Geospatial Imaging and Surveying & Engineering.
This move will enable Leica Geosystems to further leverage the resources of its operational units and drive its effectiveness in the market. The Atlanta location offers a state-of-the-art demonstration room, enabling the company to showcase all of its technologies and divisions under one roof.
At the same time Leica Geosystems announces it has acquired from Terramatics Systems Inc., Canada (Terramatics) the Intellectual Property relating to inertial positioning (IP) technology and has taken over the key development staff. No financial details were disclosed.
Terramatics has a proven track record of developing customized GPS Inertial Navigation Systems (INS) that cover specialized terrestrial, marine and airborne applications. The IP acquired from Terramatics will enhance the core expertise of Leica Geosystems. The technology is immediately applicable to many Leica Geosystems sensor systems that are used in airborne geospatial data acquisition.
Terramatics, located in Calgary, was founded in 1999. Leica Geosystems will maintain an office in Calgary, serving as the Inertial Solutions Group within Leica Geosystems' Geospatial Imaging Division.
Source: Leica Geosystems, July 5, 2005
