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Objective Corporation Acquires Isovist to Enhance Planning Sector Capabilities

Story Highlights
  • Objective Corporation acquires Isovist to boost its Planning and Building sector capabilities.
  • The acquisition will integrate AI to transform planning processes and enhance product offerings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Objective Corporation Acquires Isovist to Enhance Planning Sector Capabilities

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Objective Corporation Limited ( (AU:OCL) ) has shared an announcement.

Objective Corporation has announced the acquisition of Isovist, a provider of GIS-based e-planning solutions for local governments in Australia and New Zealand. This acquisition aims to enhance Objective’s capabilities in the Planning and Building sector, supporting its mission to deliver market-defining GovTech software. Isovist’s products, known for their intuitive user experience and alignment with local planning frameworks, will complement Objective’s existing offerings. The acquisition is expected to integrate Objective’s AI capabilities to further transform the planning process, benefiting councils, property owners, and developers. The transaction, valued at NZ$5 million, will see all Isovist employees joining Objective, with plans for integration and product enhancement underway.

The most recent analyst rating on (AU:OCL) stock is a Hold with a A$13.75 price target. To see the full list of analyst forecasts on Objective Corporation Limited stock, see the AU:OCL Stock Forecast page.

More about Objective Corporation Limited

Objective Corporation is a company that creates software solutions aimed at enhancing digital operations for public sector organizations and regulated industries. Their products focus on ensuring access to information, governance, and security, fostering stronger national and community outcomes while building trust in government.

Average Trading Volume: 43,712

Technical Sentiment Signal: Buy

Current Market Cap: A$1.79B

For detailed information about OCL stock, go to TipRanks’ Stock Analysis page.

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