M&A Deal Summary

Planet Acquires BlackBridge Geomatics

On July 15, 2015, Planet acquired information technology company BlackBridge Geomatics

Acquisition Highlights
  • This is Planet’s 1st transaction in the Information Technology sector.
  • This is Planet’s 1st transaction in Canada.
  • This is Planet’s 1st transaction in Alberta.

M&A Deal Summary
Date 2015-07-15
Target BlackBridge Geomatics
Sector Information Technology
Buyer(s) Planet
Deal Type Add-on Acquisition

Target

BlackBridge Geomatics

Lethbridge, Alberta, Canada
BlackBridge Geomatics Corp. is a provider of satellite operations, ground station services, data center and geocloud solutions.

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Buyer(S) 1

Buyer

Planet

San Francisco, California, United States
Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

Planet is an analytics company that designs, builds, and operates the largest Earth observation fleet of imaging satellites, capturing and compiling data from over 3 million images per day. Planet provides mission-critical data, advanced insights, and software solutions to over 700 customers, comprised of the world’s leading agriculture, forestry, intelligence, education and finance companies, and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. Planet was founded in 2010 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 5
Sector (Information Technology) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-03 Terra Bella

Mountain View, California, United States

Terra Bella is a provider of commercial high-resolution Earth observation satellite imagery, high-definition video and analytics services.

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