On December 18, Planet of San Francisco, CA announced that it has entered into an agreement to acquire Boundless Spatial, Inc., a St. Louis, MO-based geospatial software solutions company. The acquisition expands Planet’s commercial business with the U.S. government and commercial agriculture clients. Boundless is a leader in geospatial data management software and is aligned with Planet’s objective to deliver novel geospatial data subscription services and accelerate adoption for enterprise customers, the company said.
“With the addition of Boundless to the Planet organization, we will leverage Boundless’ technology and expertise deployed inside the U.S. government to further facilitate the utility of Planet products. We will also incorporate their strong customer-centric culture, which is at the heart of their success in deploying geospatial data and technologies to customers. Further, this deal will also give us new U.S. Government customers. Planet will retain Boundless’ St Louis, MO office and select staff,” said Robbie Schingler, Planet’s cofounder and chief strategy officer.
Boundless and the Planet U.S. government team will form a subsidiary called Planet Federal. Planet Federal will focus on our growing U.S. government business representing Planet’s commercial products for U.S. government requirements.
“Through this acquisition, we advance our long-term objectives to support and work more closely with the U.S. government as they increasingly look toward commercial products and services that are scalable, cost-effective and reliable,” Schingler said.
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