TechnologyOne has acquired web-based mapping and spatial data firm Digital Mapping Solutions (DMS) for AU$12 million in an aim to enhance its cloud offering.
As part of the acquisition, TechnologyOne's executive chairman Adrian Di Marco said DMS' spatial data will be embedded together with the company's existing enterprise data. He said the spatial data will be offered in the same way the company provides document management as a service and enterprise software as a service.
Di Marco said that up until now, spatial data has been problematic, and the systems have been fragmented.
"The unique IP and market-leading functionality we are acquiring with DMS supports our vision of delivering enterprise software that is incredibly easy to use and that meets the needs of customers in our target markets," he said.
DMS is headquartered in Perth, and has supplied web-based mapping and spatial products for over 140 implementations in Australia and New Zealand. Its software allows for storage, retrieval, and management of spatial data.
"DMS is excited to be joining one of Australia's leading software companies, particularly in light of TechnologyOne's track record in innovation, research, and development, which closely aligns with our own vision," said David Baxter, DMS managing director.
In February, TechnologyOne bought Icon Strategic Solutions for AU$10 million to enhance its local government offering.