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M&A Deal Summary

Planet Acquires Sinergise

On March 29, 2023, Planet acquired software company Sinergise

Acquisition Highlights
  • This is Planet’s 1st transaction in the Software sector.
  • This is Planet’s 1st transaction in Slovenia.

M&A Deal Summary
Date 2023-03-29
Target Sinergise
Sector Software
Buyer(s) Planet
Deal Type Add-on Acquisition

Target

Sinergise

Ljubljana, Slovenia
Sinergise is a European geospatial technology company best known for their Sentinel Hub, an award-winning satellite imagery archiving, processing and distribution service, which powers Earth Observation applications world-wide, processes hundreds of millions of requests every month, crunching more than 50 PB of data coming from Sentinel, Landsat, Planet and other missions. Sinergise is developing and operating machine-learning based solutions for monitoring of the planet, from agriculture activities to identification of newly built constructions. Sinergise was founded in 2008 and is based in Ljubljana, Slovenia.

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Buyer(S) 1

Buyer

Planet

San Francisco, California, United States
Category Company
Founded 2010
Sector Information Technology
Revenue 244M USD (2025)
DESCRIPTION

Planet is an analytics company that designs, builds, and operates earth observation fleet of imaging satellites, capturing and compiling data from over 3 million images per day. Planet was founded in 2010 and is based in San Francisco, California.

DEAL STATS #
Overall 5 of 5
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Slovenia M&A 1 of 1
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-09 Salo Sciences

San Francisco, California, United States

Salo Sciences is a climate technology company that provides high-resolution monitoring services and analytics for natural climate solutions and risk management. Salo uses three key tools: satellite data, artificial intelligence & ecological modeling to accelerate nature-based solutions to climate change and biodiversity loss. It built and manages the Forest Observatory, high-resolution satellite-based vegetation, and wildfire hazard mapping and monitoring system to improve forest resilience and land management decision-making. Salo Sciences is based in San Francisco, California.

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