As the previous owner, Esri Deutschland GmbH has sold all its shares in Geocom to AED GIS Holding GmbH with effect from April 1 2019.
AED GIS Holding GmbH belongs to the Battery Ventures Group and is already a shareholder in AED-SICAD GmbH. The aim is to develop AED-SICAD together with Geocom into a leading solution provider for ArcGIS-based geographic information systems (GIS) in Germany, Austria and Switzerland.
AED-SICAD and Geocom both develop vertical software solutions to a variety of market segments including utilities, cadaster, local governments, industry and logistics. Under the previous ownership of Esri Deutschland GmbH Geocom has reached a leading market position in these market segments. All assets, people and customer contracts of Geocom AG in Switzerland and Geocom GmbH in Germany will be acquired, and it is intended to merge the businesses. The newly merged business may eventually operate under a new brand, which will be decided upon soon.
“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.
Geocom Informatik AG’s CEO Tim Börner explains: “We are looking forward to cooperate closely with AED-SICAD on the next generation solutions for our common market segments. Together we will be even stronger to supply leading edge technology and solutions which fit our customers business processes”.
“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 perfect, as our approach to the market, our technology base and our corporate culture is highly similar”, says Dr. Holger Schade the CEO of AED-SICAD.
The combined entity will be serving more than 10000 end users mainly throughout Europe but also in a number of selected countries on other continents. It’s 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 man-agement. 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 Dynam-ic Design Group.
Further information at www.aed-sicad.de
About Battery Ventures
Battery 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.