UK software company buys Chesterfield’s Mapcom Systems
Financial terms transaction were not disclosed
Chesterfield County-based telecommunications software company Mapcom Systems announced Tuesday that it has been acquired by United Kingdom-based geographic software company VertiGIS.
Financial terms of the transaction were not disclosed.
“Mapcom’s customer-centric approach to digitalizing processes and solving challenges with location technology matches well with ours,” VertiGIS President and CEO Richard Wiegmann said in a statement. “We’re excited to have Mapcom join VertiGIS and are looking forward to helping bring their expertise to new markets around the world.”
VertiGIS provides geographic information systems (GIS) and software to utilities, land management, public sector, energy and telecommunications customers. Its products are designed to enhance mapping software. Mapcom Systems focuses on servicing rural communities by offering data, automation and fiber management tools.
VertiGIS is a portfolio company of investment firm Battery Ventures, and began acquiring GIS companies in 2017.
“We are very excited to join VertiGIS in a shared mission of helping communication service providers improve their operations by pairing efficient processes with robust geospatial information technologies,” Mapcom CEO and President Collin Granger said. “We are confident that this new partnership will be positive for our clients and employees, and it will ensure Mapcom’s and VertiGIS’s continued growth and success.”
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