OMG plc - Oxford Metrics Group - (LSE: OMG) a provider of image understanding technology for the entertainment, defence, engineering and life science sectors announced that it has acquired Data Collection Ltd (DCL). OMG bought DCL for £5.0 million to facilitate the growth of its Yotta 3D mapping business.
DCL is on of the biggest highways surveying companies in the UK and has been trading since 1993. DCL provides surveying services and software for road and footway condition management and its customers include Derbyshire and Pembrokeshire County Councils.
Nick Bolton, Chief Executive of OMG plc, said,
"Data Collection's experienced team have an in-depth understanding of the highways surveying market and their fifteen years of highways surveying and substantial customer base are invaluable to us. Yotta DCL can now provide the most accurate and complete highway survey available by combining DCL's market understanding and operational capability with Yotta's exciting vision technology, which can map the precise location of each and every detail of the highway."