Stuart Nixon’s NearMap Acquired
Stuart Nixon? The guy who founded ER Mapper, now part of ERDAS.
NearMap? The company he founded in Australia after leaving ER Mapper. It offers technology, including the HyperPod aerial camera system, to take and process high resolution images ortho and oblique, far more cheaply and quickly (a city in a few days) than other solutions. The vision: imagery for mapping portals, governments real estate, etc. no older than 1 month.
Now, the news: Ipernica acquired NearMap for AU$4 million plus shares and options and a AU$1 million investment.