Descartes Labs completes acquisition of Geosite to strengthen position in geospatial analytics market
Acquiring Company
Descartes Labs
Acquired Company
Geosite
Santa FePalo AltoInformation TechnologySoftwareAnalyticsSoftwareDescription
Descartes Labs, a leading provider of geospatial analytics and artificial intelligence solutions, has strategically acquired Geosite. This strategic move will unlock new revenue growth opportunities and further strengthen Descartes Labs' position in the geospatial analytics market by leveraging Geosite's innovative geospatial intelligence software.
Quick answer
Descartes Labs is acquiring Geosite, announced April 2, 2024. Descartes Labs is based in Santa Fe, New Mexico, United States.
- How much did Descartes Labs pay for Geosite?
- The deal value was not disclosed.
- What does Descartes Labs do?
- Descartes Labs is a technology company that automates the analysis of geospatial data to help organizations answer key questions about the physical world.
- Where are Descartes Labs and Geosite based?
- Descartes Labs is based in Santa Fe, New Mexico, United States. Geosite is based in Palo Alto, California, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Geosite?
Geosite was acquired by Descartes Labs, based in Santa Fe. The deal was reported on April 2, 2024. Descartes Labs is a technology company that automates the analysis of geospatial data to help organizations answer key questions about the physical world. Descartes Labs is privately held and operates in Information Technology.
When did Descartes Labs acquire Geosite?
Descartes Labs's acquisition of Geosite was reported on April 2, 2024. Descartes Labs, a leading provider of geospatial analytics and artificial intelligence solutions, has strategically acquired Geosite. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Geosite do?
Geosite is a YC-backed startup working to build the geospatial marketplace. Our platform sources, visualizes, and analyzes the relevant geospatial data so our customers can make informed business decisions. It is privately held, operating in Software, and is based in Palo Alto.
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