What happens when a 3D geospatial technology company and a company that provides 3D hand held mobile mapping technology solutions merge? 3D Laser Mapping Ltd and GeoSLAM Ltd have merged to become providers of innovative mobile mapping and monitoring technology.
3D Laser Mapping is a major geospatial technology supplier and innovator that works with some of the world’s biggest mining companies, governments, universities, blue-chip firms and operators of highways, power lines and railways. Because of their works, 3D Laser Mapping helps its customers to capture and understand their world in 3D.
GeoSLAM, a global market leader in 3D hand held mobile mapping technology solutions markets their unique “go-anywhere” technology that is adaptable to all environments especially spaces that are indoor, underground or difficult to access, providing accurate 3D mobile mapping without the need for GPS.
Shareholders agreed to merge the businesses to take advantage of new world market opportunities, increased R&D capability and ensure greater market reach. Shareholders include Graham Hunter, the founder of 3D Laser Mapping and CSIRO’s Data61, Australia’s data innovation network, part of the Commonwealth Scientific and Industrial Research Organization, Australia’s national science agency.
Graham Hunter, the founder of 3D Laser Mapping explains that this merger will combine the best of the two leading organizations with strong global coverage. They both have very different skill sets with GeoSLAM specializing in global sales, marketing and distribution, whilst 3D Laser Mapping bringing advanced R&D capabilities. This will enable the new organization 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 he looks forward to strengthening their relationship through this merger.
Adrian Turner, CEO of CSIRO’s Data61 is equally supportive of the merger said that they’re proud to have been a part of the GeoSLAM story so far and are looking forward to collaborating on its next chapter, providing data analytics and prediction capabilities to support its growth trajectory. The merger with 3D Laser Mapping will accelerate the business into the geospatial data analytics domain, which has potential to reinvent industries worldwide.
SLAM — Simultaneous, Localization and Mapping — technology was developed by the CSIRO to solve the problem of mobile mapping from an unknown location. The merger of the two companies will unify under one roof an extensive range of specialist personnel and expertise in the mobile mapping industry.
The newly merged companies will trade as GeoSLAM Ltd, leveraging its global brand that has been developed over the past years.
David Burton, CFO of GeoSLAM commented that they are absolutely thrilled to be merging the companies and believe that the combined resources of these businesses will help them to exceed our level of service and support to global customers and dealers. They will continue working with their 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 organizations.
The new GeoSLAM will be launching the next generation of their mobile mapping technology at INTERGEO in Frankfurt this fall. The company will be exhibiting at Stand F.011 in Hall 12.1 from October 16-18th in Frankfurt, Germany.