Skip to main content

Vexcel Imaging Acquires Geomni Imagery Division of Verisk

By [email protected] - 25th February 2020 - 11:36

Vexcel Imaging, a provider of aerial imagery data, large-format aerial cameras, and photogrammetry software, signed a definitive agreement to acquire the imagery sourcing group from Verisk’s Geomni business. The acquisition will combine Geomni’s imagery surveying and content-related teams and assets into Vexcel. Verisk, a data analytics provider, will be a minority owner in Vexcel with full access to all aerial imagery libraries. The combination of Geomni’s fleet of fixed-wing aircraft and aerial operations, mapping business, and oblique aerial image library together with Vexcel’s sensor business and data program will create a very strong geospatial data library. Geomni’s analytics team and assets will remain part of Verisk and continue to focus on world-class advanced analytics. The team will work closely with Vexcel on a strategic road map and joint projects.