Indoor mapping specialist MapsPeople has agreed to acquire all of US-based Point Inside's customer contracts and indoor mapping assets.
With the acquisition of the Point Inside business, MapsPeople gains a roster of high-profile global brands. The indoor mapping assets from Point Inside include indoor maps of more than 200 airports globally.
Morten Brøgger, CEO of MapsPeople, said: “I am confident that this acquisition will be a perfect match, and the new products we receive from Point Inside will provide substantial global growth opportunities for our MapsIndoors product family in 2023 and beyond. With this acquisition, we will fortify our customer base, expand the team, and strengthen our business and product portfolio in a great synergetic way. “
Closing of the acquisition is expected to be completed in April 2023.