Mergers and Acquisitions, Mergers and Acquisitions

ISV M&A: Element 84 Acquires Azavea

concept of global network or digital technology communication, graphic of world map combined with electronic board pattern

concept of global network or digital technology communication, graphic of world map combined with electronic board pattern

Element 84 has acquired independent software development company Azavea. Financial terms of the deal were not disclosed.

This is technology M&A deal number 53 that ChannelE2E has covered so far in 2023. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.

Element 84 Acquires Azavea

Element 84, founded in 2010, is based in Alexandria, Virginia. The company has 53 employees listed on LinkedIn. Element84’s areas of expertise include Agile software development, mobile development, Clojure, usability, UI/UX, visual design, user experience, cloud computing, earth science, DevOps, geospatial, React, JavaScript, AWS and Azure.

Azavea, founded in 2001, is based in Philadelphia, Pennsylvania. The company has 42 employees listed on LinkedIn. Azavea’s areas of expertise include GIS, web-based software, software development, spatial analysis, cloud computing, web services, open source, and machine learning.

Both companies work within the GIS space, working to process, visualize and analyze geospatial and Earth observation data, the companies said in a statement. Through the acquisition, the companies will work under one entity, Element 84, but they will maintain Azavea’s Philly headquarters as its headquarters, according to the statement.

The companies’ technologists work in cloud-native geospatial software engineering, machine learning, data analysis, project management and UX design. The merged entity will stand at a headcount of just over 100 people, and existing leadership will be integrated into the new team; Robert Cheetham, currently Azavea’s CEO, will become chief strategy officer of the combined organization, according to the public statement.

Sharon Florentine

Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.

After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.

Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!

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