CycloMedia Acquires Floating Point FX to Fuel US and
Acquisition Strengthens CycloMedia’s US Presence, Enhances Data Analytics Capabilities
MILL VALLEY, Calif. — (BUSINESS WIRE) — March 7, 2019 — CycloMedia, the leading provider of accurate geospatial imagery-data and data analytics, announced today that it has acquired Floating Point FX, a 3D geospatial modeling company based in Madison, Wisconsin.
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CycloMedia (Photo: Business Wire)
Floating Point FX (FPFX) provides powerful data visualization and analytic platforms as a service within multiple geospatial industries. Utilizing mobile LiDAR and imaging techniques, Floating Point FX produces highly detailed 3D visualizations of street-level environments. The company has been successfully delivering highly accurate data analytics solutions within the transportation, utilities & communications and public works markets. Increasingly, these workflow-enhancing solutions have been derived from CycloMedia’s highly accurate 3D imagery and LiDAR data.
Together, CycloMedia and Floating Point FX provide a wide range of imagery data analytics services, including LiDAR scanning, 3D modeling and 3D real-time scene capture, offering organizations complete solutions for their visualization, design and analysis needs.
The acquisition allows CycloMedia to rapidly grow its presence in North America and to provide highly accurate data sets and street-level imagery across a wide variety of government and commercial markets. The...