Acquisition2022-01-21confirmed
LandScan × Syncarto
LandScan acquired Syncarto, a cloud-native mapping platform, as one of three acquisitions announced to bolster its new Datum Geospatial software suite. [50, 51] Syncarto's founder joined LandScan as Chief Product Officer. [50] The financial details of the acquisition were not made public.
Price paid
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Not disclosed
Losing bid
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Per unit
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no meaningful ratio
The asset
Acquisition of a cloud-native mapping platform and its technology. [50, 51]
The record
- Seller status
- Going concern
- Sector
- Cloud-native mapping platform
- Modalities
- geospatial software, cloud platform
- Jurisdiction
- US
What it means if you hold data
This deal shows an established player acquiring a modern, cloud-native platform to update its technology stack. For data brokers, it signals the importance of cloud-based data formats and delivery mechanisms in the current geospatial market.