1Spatial, a holding company focused on improving the quality and access to business critical location-data across the globe, is pleased to announce that on 15th April 2011, it entered into a binding share purchase agreement relating to the acquisition of Lagen Spatial pty Limited (the “Transaction”). Lagen Spatial pty Limted (“Lagen”), based in Sydney, is one of Australia’s leading distributors of spatial and location based software technologies. The acquisition will provide 1Spatial with a critical mass in Australia on which to launch the Company’s planned expansion in this developing economic powerhouse. Read More
