The Sanborn Map Company, Inc. × Nuvia Dynamics, Inc.
Sanborn purchased assets from Nuvia Dynamics Inc., a company with a history in developing geophysics survey technology. [64] This purchase, along with hiring former Nuvia employees, enabled Sanborn to launch a new Canadian subsidiary, Sanborn Geophysics, ULC, focused on geophysical survey services and equipment. [64] Financial terms were not disclosed. [64]
The asset
Assets from Nuvia Dynamics, Inc. related to geophysical survey technologies for mineral/oil exploration and geotechnical applications, including sensors and data acquisition systems. [64, 94]
The record
- Seller status
- Not stated
- Sector
- Geophysics survey technology
- Modalities
- geophysical data, sensor technology
- Jurisdiction
- CA
What it means if you hold data
The transaction allows Sanborn to enter a new market segment, combining subsurface geophysical data with its existing aerial imagery and Lidar data offerings. [94] This vertical integration of sensor technology and data services provides a more comprehensive 'subsurface and surface' data model for clients in energy, construction, and resource management. [94]