VertiGIS, a solution provider and software developer for geographic information systems (GIS) and spatial asset management, has acquired ibR Gesellschaft für Geoinformation mbH (ibR). VertiGIS also announced a business unit for land management which combines its expertise across the DACH region—comprising Germany, Austria and Switzerland—and a Berlin-based Innovation Center for SaaS/cloud development to serve its expanding clientele.
What does ibR bring to VertiGIS’ portfolio?
Based in Bonn, ibR specializes in GIS systems for cadaster and surveying. It shares a vision with VertiGIS for the evolution of land management enabled through GIS software delivery.
“I am delighted that the complementary strengths of both companies are being combined and that we can work together as a team to support municipalities and public authorities in generating added value from their GIS data. In this way, we can help to further accelerate digitalization in Germany,” commented Dr. Hans-Gerd Riemer, Chief Executive Offier of ibR.
VertiGIS, backed by technology-focused investment firm Battery Ventures, has continuously grown and diversified its business portfolio throughout Europe and North America since 2017.
What does the acquisition mean for VertGIS?
“We feel our clients will benefit greatly from the enhanced capabilities ibR brings us. With both companies’ decades of experience in the fields of cadaster, surveying and land development, we feel extremely well-positioned to help accelerate additional digital innovation for our esteemed customers, and specifically to expand VertiGIS’ industry-specific solutions for land management. This is a cornerstone of our global business,” said Andy Berry, VertiGIS’ CEO.
In addition to governments, the company also helps utilities and other customers use GIS technology to collect, maintain, store and manage critical information that has inherent geographic and spatial elements. For example, the technology helps water utilities notify affected customers about service interruptions, local governments manage maintenance contracts and retail giants identify the best locations for new stores, among other use cases.
VertiGIS also announced the foundation of its Berlin-based Innovation Center. “The Innovation Center will be focused on the development of cloud and SaaS solutions to ensure our tech portfolio provides the very best long-term value to our clients,” concludes Berry.