Markets BWMN

Bowman Acquires Geospatial Software Firm Dymaptic

(RTTNews) - Bowman Consulting Group Ltd. (BWMN) announced on Friday that it has acquired Dymaptic, a Portland-based provider of AI-powered geospatial solutions. Financial terms of the deal were not disclosed.

The deal expands Bowman's technology capabilities by adding custom software and AI tools to process and analyze location-based data collected through surveying, mapping and infrastructure projects.

Dymaptic's expertise includes enterprise GIS administration, automated feature extraction from imagery, natural-language interfaces for GIS, and development of custom web and mobile applications.

Bowman said the acquisition will broaden its offerings across markets including power, transportation, natural resources and state and local governments.

In pre-market activity on the Nasdaq, shares of Bowman were down 0.04 percent, changing hands at $42.77, after closing Thursday's trading 0.00 percent at $42.79.

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