GeoDigital buys Powel, Inc.
Norway's Powel AS sold the assets of its U.S. subsidiary Powel, Inc., to digital mapping, imaging and data acquisition services firm GeoDigital International Inc.
St. Paul, Minn., December 1, 2011 — Norway's Powel AS sold the assets of its U.S. subsidiary Powel, Inc., to digital mapping, imaging and data acquisition services firm GeoDigital International Inc.
The deal strengthens GeoDigital's position as a provider of distributed infrastructure management solutions and expands its position in the fast growing utility vegetation management and transmission line re-rating marketplace.
GeoDigital, with offices across the U.S. and Canada, has acquired the mobile work management product line of Powel, Inc., including the WorkStudio application suite for managing utility field design, vegetation maintenance, outage recovery and mapping.
All current Powel, Inc., employees, software assets, customers and facilities will form a new software and analytics division GeoDigital Solutions, Inc. The division will be responsible for software development and the integration of complementary technologies into turnkey enterprise solutions for utilities and other asset intensive industries including rail, oil and gas, transportation and telecommunications.
GeoDigital integrates imaging and data acquisition technologies to perform airborne and ground mapping services with LiDAR (Light Detection and Ranging) for applications that include vegetation management and line rating and clearance analysis.
The combined organization will employ about 250 people across Canada and the U.S. GeoDigital Solutions will maintain all current facilities, including the St. Paul, Minn., headquarters of Powel. All existing sales and support structures will remain and GeoDigital Solutions will support all existing Powel, Inc., products, customers and long-term support commitments.