The Week in Geospatial, 3D, and AEC News: GNSS Acquisition, Location Intelligence, Industrial Metaverse
Summary
Coming out of the new year, things are still a bit slow in terms of news, but there was a significant acquisition announced this week with Hexagon buying GNSS technologies provider Septentrio. Once completed, Hexagon interim CEO Norbert Hanke believes that the combination of the two companies will “transform the positioning industry across existing and new markets, setting new standards for the accuracy, resilience and scalability of positioning technologies, necessary to support and accelerate the journey towards full autonomy.” Geo Week News will have more coverage of the acquisition next week, but for now, follow the link above for more preliminary information about the transaction. This week, the two companies announced a new partnership that will integrate TomTom’s global map and traffic data into ArcGIS’s geospatial platform. In their release of the news, TomTom says that the data will provide organizations with insights into needs ranging from the maintenance of infrastructure to studying traffic flows to optimizing retail site selection, among other uses. • None Finally, bringing things back to CES, we already talked about some of the announcements around the industrial metaverse and robotics made at this year’s events.