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Aukett Swanke ( (GB:BUC) ) has issued an announcement.
Built Cybernetics has acquired the business and assets of 3DEO, a Belfast-based company known for its Active Maps software, which visualizes and analyzes information in a 3D environment. This acquisition, conducted through a newly renamed subsidiary, MapBI Ltd, is expected to enhance Built Cybernetics’ offerings to developers and property owners, accelerating growth in recurring software revenues. The company will also present at the MELLOLONDON investor event, highlighting their new venture and strategic direction.
More about Aukett Swanke
Built Cybernetics is a London-quoted PropTech group specializing in delivering Smart Buildings and related services. The company integrates technical systems into modern premises as part of their architectural projects, aiming to generate scalable and recurring revenues by cross-selling smart building services.
Average Trading Volume: 255,136
Technical Sentiment Signal: Hold
Current Market Cap: £6.75M
Learn more about BUC stock on TipRanks’ Stock Analysis page.