Web application specialist Able Technology has acquired the online mapping and addressing business of fellow Wellington software firm ProjectX Technology.
Able Technology director Marcus Baguley says in a statement announcing the buy that "ProjectX’s expertise in geospatial data and mapping services will enable Able Tech to quickly deliver location-based applications; from hand held apps to large corporate websites that want to geo-enable existing datasets.
The acquisition strengthens our specialised online mapping and data visualisation capabilities."
The statement says the move is "a natural progression for Able Tech, an influential member of Wellington's growing Ruby on Rails software development community".
The expanded Able Technology will be headed by Carl Penwarden, who has joined the company from his previous role as marketing and product development Manager at CityLink.
Members of ProjectX’s team joined Able Technology early this month and will continue to support their existing clients. All staff are located together at Able Technology’s Wellington office.
Penwarden says the buy is a total acquisition of ProjectX's core business, minus the name.
"We are taking all staff, products and systems. John Clegg is keeping the shell of ProjectX to do SEO consulting and he is retaining zoomin.co.nz.".