NV5 Global (NVEE) announced the closing of its acquisition of L3Harris Technologies (LHX) Visual Information Solutions commercial geospatial technology and software business. First announced in December, the acquisition has received regulatory approvals and enhances NV5’s position as North America’s premiere provider of geospatial data solutions, accompanying the acquisition of Axim Geospatial completed earlier this year. The VIS acquisition includes 16 U.S. Patents for geospatial data analytics. NV5 will also receive ownership of an additional 13 U.S. and non-U.S. Trademark Registrations for leading geospatial software applications with approximately 500,000 global users. These software products include prominent applications such as ENVI, IDL, Jagwire, Amplify, and Helios, which are relied upon by the United States Department of Defense and federal civilian agencies for the analysis and management of geospatial data.
Published first on TheFly
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