Divestiture • Business Services

DTN Acquires ClearPath Weather

On May 4, 2020, DTN acquired business services company ClearPath Weather from Iteris

Acquisition Context
  • This is DTN’s 5th transaction in the Business Services sector.
  • This is DTN’s 8th transaction in the United States.
  • This is DTN’s 2nd transaction in California.

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M&A Deal Summary

Date May 4, 2020
Target ClearPath Weather
Sector Business Services
Buyer(s) DTN
Sellers(s) Iteris
Deal Type Divestiture

Target Company

ClearPath Weather

California, United States
ClearPath Weather aggregates location-specific weather data and applies advanced data assimilation and modeling technologies to deliver customizable data solutions. This includes high-resolution information and applications ranging from tools for assessing historical weather conditions to both short-term and long-range weather forecasts, all of which can be used for winter road management.
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Buyer Overview 1

Buyer

DTN

Omaha, Nebraska, United States

Category Company
Founded 1984
Sector Business Services
DESCRIPTION

DTN is a providor of time-sensitive, specialized meteorological and business information, analysis and integration tools to over a dozen different market segments using a combination of internet, satellite and direct data-feed.


Deal Context for Buyer #
Overall 10 of 13
Sector: Business Services 5 of 5
Type: Divestiture 3 of 3
State: California 2 of 2
Country: United States 8 of 10
Year: 2020 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-04 ClearAg

California, United States

ClearAg, Inc. is a solution that brings applied meteorological expertise, state-of-the-science land and surface agronomic modeling, and adaptive data processing that leverages over 20 years of accurate and location-specific descriptive and predictive insights to customers across the globe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-25 Farm Market ID

Westmont, Illinois, United States

Farm Market ID provides comprehensive production data to the agricultural industry. Farm Market ID was founded in 1973 and is based in Westmont, Illinois.

Buy -

Seller Profile 1

SELLER

Iteris

Austin, Texas, United States

Category Company
Founded 1969
Sector Technology Hardware
Revenue 172M USD (2024)
DESCRIPTION

Iteris is a provider in the traffic management market delivering total solutions for public and private sector clients in key markets worldwide. The company develops and applies advanced technologies to reduce traffic congestion and improve the safety of its surface transportation system. Iteris was founded in 1987 and is based in Austin, Texas.


Deal Context for Seller #
Overall 2 of 2
Sector: Business Services 2 of 2
Type: Divestiture 2 of 2
State: California 2 of 2
Country: United States 2 of 2
Year: 2020 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-04 ClearAg

California, United States

ClearAg, Inc. is a solution that brings applied meteorological expertise, state-of-the-science land and surface agronomic modeling, and adaptive data processing that leverages over 20 years of accurate and location-specific descriptive and predictive insights to customers across the globe.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 TrafficCast International

Middleton, Wisconsin, United States

TrafficCast International, Inc. provides travel information technology, applications, and content to media, mobile technology, automotive, and public sector customers throughout North America. TrafficCast International is based in Middleton, Wisconsin.

Buy $16M