Battery Ventures-Backed AED-SICAD Announces Acquisition of GIS Software Company Geocom
Munich, Germany, Release: April 4, 2019. For Immediate Release
AED-SICAD, Battery Ventures’ core portfolio company in the geographic-information systems (GIS) market, has completed the acquisition of Geocom Group, a provider of GIS technology for markets including utilities, transport and logistics.
Under its previous ownership by Esri Deutschland GmbH, Geocom—whose main offices are in Burgdorf, Switzerland and Kranzberg, Germany,—built a leading market position. Under the acquisition, all assets, people and customer contracts of Geocom AG in Switzerland and Geocom GmbH in Germany will be merged with AED, a fellow GIS company serving the utilities and public-sector markets.
Geocom was founded in 1995 and serves several hundred customers. It is regarded as a preferred partner for GIS in the cadaster, utility, industrial-plant management, transport and logistics markets. The fast and effective integration of Geocom applications within existing corporate processes contributes enormously to information and planning security and helps drive efficiencies in customers’ organizations. All Geocom solutions are based on the market leading ArcGIS platform from Esri and are therefore highly compatible with most customers’ current IT infrastructure.
“We are looking forward to cooperating closely with AED-SICAD on the next generation of solutions for our common market segments,” said Geocom CEO Tim Börner. “Together we will be even stronger to supply leading edge technology and solutions which fit our customers’ business processes.”
Added, Dr. Holger Schade, the CEO of AED-SICAD: “For AED-SICAD this is the next logical step in the implementation of our growth strategy. The acquisition of Geocom helps us to expand our market reach and to optimize our common development, sales and marketing efforts. The fit with Geocom is very strong, as our approach to the market, our technology base and our corporate culture is highly similar.”
“At Esri Deutschland, we are convinced that powerful GIS solutions need a broader industry context in Europe, and globally. Together with Battery Ventures and AED-SICAD, Geocom’s growth opportunities are excellent and sustainable. This is part of our One Esri strategy and brings more value to customers”, explains Jürgen Schomakers, managing partner of Esri Deutschland GmbH.
The combined AED-SICAD/Geocom entity will serve more than 10,000 end users mainly in Europe but also in a number of selected countries on other continents. Its primary product brands include UT for ArcGIS, LM for ArcGIS and GEONIS.
AED-SICAD is a leading solution developer in the area of geographic information systems. Its focus is the development of software solutions and services for the market segments utilities and land management. The product portfolio of AED-SICAD is used by more than 300 private sector companies and government agencies. The company is a strategic platform company for the geographic information system market in Battery Ventures portfolio of companies. AED-SICAD’s affiliate companies are BARAL Geohaus-Consulting AG, ARC-GREENLAB GmbH and AED-SYNERGIS GmbH and the Dynamic Design Group. Further information at www.aed-sicad.de
About Battery Ventures:
Battery is a global, technology-focused investment firm that strives to invest in cutting-edge, category-defining businesses in markets including software and services, web infrastructure, consumer internet, mobile and industrial technologies. Founded in 1983, the firm backs companies at stages ranging from seed to private equity and invests globally from offices in Boston, the San Francisco Bay Area, London, Israel and New York. Further information on Twitter (@BatteryVentures) and at www.battery.com.
Geocom is a highly innovative software development company with over 100 employees and many years of project experience. Through its expertise in the utility sector and geographic information systems, Geocom helps utility companies, industry and the public sector (e.g. cadaster administrations) create added value for their customers and improve efficiency. Its Esri-based GEONIS software suite encompasses desktop, server and mobile products that allow for efficient and secure infrastructure management by providing an environment with expert functions that support organizational workflows. Geocom has its primary headquarters in Burgdorf (a city near Bern, Switzerland) and a sister company sited near Munich, Germany (in Kranzberg).
About Esri Inc. & Esri Deutschland:
Headquartered in Redlands, California (USA), Esri Inc. is a pioneer in the field of professional geo information solutions and the development of a modern understanding of the environment and its geographical, cultural and economic connections. For spatial analysis, planning and decision-making, the geo information solutions based on Esri’s ArcGIS platform are the first choice in the private and public sectors as well as education and science. Adaptable and intuitive with integration options, industry standard ArcGIS can be used on mobile devices, desktops and servers and is highly appreciated by more than one million
users worldwide. Esri Inc.’s products are sold in Germany by Esri Deutschland GmbH, Kranzberg, and in Switzerland by Esri Schweiz AG, Zurich, a subsidiary of Esri Deutschland.
Name: Dr. Holger Schade
Organization: AED-SICAD GmbH
Address: Carl-Wery-Straße 22, 81739 München, Germany
Phone: +49 (89) 45026 0 | E-mail: email@example.com