Hexagon AB has signed a definitive agreement to acquire the business of GTA Geoinformatik GmbH, a pioneer in georeferenced virtual 3D city models and highly efficient building reconstructions.
in 1995, GTA Geoinformatik is the developer of tridicon software, which enables
the automatic generation of high-quality, colored 3D point clouds. The company
also specializes in uniting point cloud data with aerial images including
oblique and LiDAR images to create intelligent, navigable 3D city models, or
idea of creating a smart city has been an important part of Hexagon’s
geospatial vision to merge maps with information and real-time updates,” said
Hexagon President and CEO Ola Rollén. “Solutions such as those GTA
Geoinformatik delivers are becoming increasingly important, as they build the
foundation for industry-specific applications in areas of city development such
as security, traffic, infrastructure management, energy and emergency response.”
Geoinformatik, based in Berlin and Neubrandenburg, Germany, will be fully
consolidated as of end of November. The acquisition will not have any visible
impact on Hexagon's earnings in the short-term.
Hexagon Acquires GTA Geoinformatik GmbH
December 3, 2012