Leica Geosystems Acquired Terramatics Systems Inc.

Leica Geosystems (Switzerland) has announces that is has acquired from Terramatics Systems Inc., Canada (Terramatics) the Intellectual Property relating to Inertial Positioning (IP) technology and has taken over the key development staff. No financial details were disclosed.

Terramatics has a proven track record of developing customised GPS Inertial Navigation Systems (INS) that cover specialised terrestrial, marine and airborne applications. The IP acquired from Terramatics will enhance the core expertise of Leica Geosystems. The technology is immediately applicable to many Leica Geosystems sensor systems that are used in airborne geospatial data acquisition.

Terramatics, located in Calgary, was founded in 1999. Leica Geosystems will maintain an office in Calgary, serving as the Inertial Solutions Group within Leica Geosystems’ Geospatial Imaging Division.