Aussie aerial mapping company Nearmap moves into NZ Nearmap...

Aussie aerial mapping company Nearmap moves into NZ

Nearmap specialises in producing highly accurate, and frequently updated, aerial maps

Stuart Corner (Computerworld New Zealand)17 August, 2018

The ASX listed company that is today Nearmap was originally QPSX, a listed company based in Perth in Western Australia formed in the 1980s to commercialise an Australian developed fast packet technology (Queued Packet Synchronous Exchange).
The technology achieved modest commercial success before being made obsolete by newer technologies and which point QPSX changed its name to Ipernica and its focus to securing rights to, and commercialising, intellectual property.
Ipernica acquired fledgling Nearmap, also Perth based, in 2008 for $A4 million in cash and $A12 million worth of Ipernica shares. Over the next few years Ipernica shifted its focus making Nearmap and increasingly significant part of its operations and in May 2012 changed its name to Nearmap.


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