Field Group Acquires PrecisionHawk
April 15, 2023
Norway-based geospatial technology firm Field (Field Group) has acquired Raleigh, North Carolina–based drone and geospatial data company PrecisionHawk. The deal brings Field a U.S. foothold and combines the companies' inspection, AI/ML analytics, and digital-reality technology to expand capabilities across infrastructure, energy, construction, and public-sector markets.
- Buyers
- Field (Field Group)
- Targets
- PrecisionHawk
- Industry
- Data & Analytics
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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