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Home arrow News arrow Venture Capital Funding and Investments in Geo/LBS arrow TerraGo Acquires Geosemble Technologies     

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TerraGo Acquires Geosemble Technologies E-mail
GIS News - Venture Capital Funding and Investments in Geo/LBS
Written by TerraGo Technologies Inc.   
10 July 2012
Acquisition creates a comprehensive suite of geospatial intelligence software to deliver enhanced situational awareness and actionable intelligence for analysts, decision makers and edge users Atlanta, GA July 10, 2012- TerraGo Technologies Inc., an innovative provider of widely adopted geospatial intelligence software solutions, has acquired the complementary software products and technologies of Manhattan Beach, CA-based Geosemble Technologies® Inc. Terms between the privately held companies were not disclosed. Both firms are In-Q-Tel portfolio companies.

Geosemble’s flagship product, GeoXrayTM automates the process of discovering, geospatially visualizing, monitoring and sharing relevant unstructured information from any source. The software mines and processes content from news, blogs and social media and analyzes data by place, time and topic. GeoXray decreases the amount of time analysts spend sifting through big data and produces more germane information specific to an area of interest. The solution, which is used by a number of intelligence agencies, frees analysts to spend more time on quality analysis and enables better collaboration with peers, decision makers and field personnel.

The strategic acquisition of Geosemble builds on TerraGo’s growing geospatial intelligence applications and reports expertise. The combined companies’ solutions will now enable users to selectively discover relevant spatial content; compose dynamic, interactive geospatial intelligence applications and reports; and collaborate in online and disconnected environments. The new TerraGo suite of solutions will facilitate enhanced situational awareness and actionable intelligence for better planning, improved decision making and faster response.

TerraGo® geospatial intelligence software and GeoPDF® maps and imagery are among the most widely adopted solutions to produce, access, update and share geospatial information and applications with anyone, anywhere. TerraGo solutions enable enterprises to extend, exchange and exploit georeferenced maps, imagery, audio, video and other intelligence in connected or offline environments.

Founded in December of 2004, Geosemble is a spin-off from the University of Southern California (USC). Its founders are computer science faculty members and originally developed the company’s core artificial intelligence and geospatial data analysis algorithms at USC. The technology has since been strengthened and refined to apply to a range of government and commercial user needs focused on automatically discovering and integrating information into satellite and aerial imagery and maps. The Geosemble business and technical team will be brought into TerraGo as the Geosemble solutions group, and the office in Manhattan Beach will be expanded to accommodate additional engineering staff as well as support resources to serve TerraGo’s growing West Coast customer base. Both firms are In-Q-Tel portfolio companies.
“The strategic acquisition of Geosemble will enable our customers to discover, visualize, monitor and share geospatial intelligence relevant to their operations and areas of interest,” said TerraGo Pres. and CEO Rick Cobb. “We warmly welcome our new colleagues to the TerraGo team, which, as always, remains committed to our tradition of product innovation and dedication to customer success.”

“This union is a perfect fit for Geosemble since TerraGo brings valuable distribution, implementation and customer support capability to Geosemble’s products, in addition to TerraGo’s own valuable suite of complementary technology. The combined resources of our companies will enable us to further develop advanced geospatial intelligence solutions for our existing defense and intelligence customers as well as others in crisis management, public safety and a wide range of commercial businesses,” said Andre Doumitt, former Geosemble CEO and now TerraGo vice president of business development for Geosemble solutions.

For more information about the broadened TerraGo solutions set, please visit http://www.terragotech.com/products/geosemble-geoxray.

# # #

About TerraGo Technologies
TerraGo Technologies geospatial intelligence software and GeoPDF maps and imagery are among the most widely adopted solutions to produce, access, update and share geospatial information and applications with anyone, anywhere. TerraGo solutions enable enterprises to extend, exchange and exploit geo-referenced maps, imagery, audio, video and other intelligence in connected or offline environments. Trusted by government agencies and businesses worldwide, TerraGo solutions increase the use of geospatial data throughout and between enterprises and the return on geospatial investment through greater organizational efficiency, productivity and responsiveness. Founded in 2005, TerraGo is privately held and is an In-Q-Tel portfolio company. For more information, visit http://www.terragotech.com.    

TerraGo and GeoPDF are registered trademarks of TerraGo Technologies, Inc. Other company names and product names are the registered trademarks and/or trademarks of the respective companies.

About Geosemble Technologies
Founded in 2004, Geosemble Technologies helps organizations visualize relevant data geographically. The company’s flagship product, GeoXray™, links unstructured content to locations. Uses for the technology include government and military programs, municipal redevelopment, business intelligence, enterprise search, and geographic content delivery for mobile phone users. The company is an In-Q-Tel portfolio company, a strategic Google® Earth Enterprise Partner, and a developer in the Oracle® PartnerNetwork, and a DARPA SBIR Phase II contractor. Learn more at http://www.geosemble.com.

 

 
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