From Financialpost · · 50s
Intermap Acquires PCI Geomatics
Intermap completes acquisition of PCI Geomatics to boost AI/ML analytics and expand global reach.
In brief
Intermap completes acquisition of PCI Geomatics to boost AI/ML analytics and expand global reach. Intermap completed its acquisition of PCI Geomatics to double recurring revenue, add 30,000+ licenses, and target $12, $15 million in 2027 revenue with 50%+ margins. Originally reported by Financialpost.
Acquisition Completion
Intermap Technologies completed acquisition of PCI Geomatics Group Inc. operating as CATALYST.
Revenue Expansion
The acquisition is expected to double Intermap’s recurring revenue and add 30,000+ installed licenses across 150+ countries.
Technology Enhancement
Intermap extends AI/ML analytics into optical image processing and distributed edge processing for 30,000+ licenses.
2027 Revenue Guidance
Intermap targets $12, $15 million in commercial revenue for 2027 with 50%+ contribution margins.
CEO Statement
Patrick A. Blott states the acquisition delivers decision-ready intelligence without disrupting workflows.
The takeaway
Intermap completed its acquisition of PCI Geomatics to double recurring revenue, add 30,000+ licenses, and target $12, $15 million in 2027 revenue with 50%+ margins.
