IQGeo enters exclusive negotiations to acquire AI software developer Deepomatic

IQGeo enters exclusive negotiations to acquire AI software developer Deepomatic

Cambridge, 24^th March 2025 –  IQGeo, a developer of geospatial software that is “Building Better Networks” for telecom and utility operators, today announced that exclusive negotiations are underway with the goal of acquiring the AI computer vision software developer Deepomatic. The addition of Deepomatic’s AI capabilities will enable IQGeo to enhance its network lifecycle solutions with optimized detail capture and analysis in field operations, creating resilient and efficient broadband and utility networks.  

Deepomatic’s software is already deployed globally and has processed more than 20 million jobs in the past year alone, including over half a billion transactions from more than 30,000 daily field users. Using AI-powered computer vision technology, it dynamically analyzes photos taken by field engineers to identify and eliminate errors for rapid, actionable quality control. Operational use cases range from fiber network construction and service activation to meter installations, asset inspections and damage assessment. AI-powered processes ensure ‘right-first-time’ field tasks, reducing costs and improving workflow efficiency while enhancing network data quality.

As an existing technology partner within IQGeo’s ecosystem, Deepomatic and IQGeo already have software integrations in place to support joint customers, with additional projects underway. Combined with IQGeo’s Workflow Manager and Network Manager Telecom, the Deepomatic software provides unmatched geospatial asset intelligence to help network operators create more sustainable and profitable infrastructure.  

“We are looking forward to have Deepomatic join the IQGeo team once negotiations are completed and all the required legal and regulatory processes have been undertaken” commented Richard Petti, CEO at IQGeo. “Their AI computer vision software brings a new dimension of network intelligence to our customers, accelerating performance across the operational lifecycle. Deepomatic is already delivering amazing quality control and efficiency benefits to telecom and utility operators and their AI skillset will be strategic in realizing our vision of a predictive and proactive network model. Our combined technology will unlock enormous technical and business opportunities, offering greater speed, precision and insights, so together we can deliver the future today.” 

Augustin Marty, CEO of Deepomatic, explained: “By integrating our AI computer vision software with IQGeo’s geospatial expertise, we will be able to redefine what’s possible by empowering companies to create data-driven digital twins. AI is fast becoming integral to successful infrastructure management, and together we will expand our industry footprint, ensuring operators have real-time, end-to-end visibility of their networks.” 

The proposed acquisition would mark an important step in expanding IQGeo’s technology portfolio to meet the evolving needs of telecom and utility customers. Following the investment in IQGeo from leading global investment firm KKR in September 2024, the company has focused on accelerating its product innovation, expanding internationally and further strengthening its leadership position in geospatial network management software. Rami Bibi, Managing Director and Head of EMEA for KKR Global Impact, added: “We are proud to support the next step in IQGeo’s growth with Deepomatic. This planned transaction and our continued investment in IQGeo closely align with KKR’s commitment to supporting cutting-edge technology companies that play a critical role in enabling digital connectivity and accelerating the energy transition.” 

Both IQGeo and Deepomatic will attend DISTRIBUTECH in Dallas from March 24th to 27th and the FTTH Conference in Amsterdam from March 25th to 27th. Contact IQGeo to arrange a meeting and hear how AI-driven task management is reshaping the future of network operations.

Learn more about how IQGeo and Deepomatic are redefining network lifecycle management with AI.

IQGeo’s acquisition of Deepomatic is subject to completion of the legal and administrative requirements and regulatory review and approval. For further information, please read the FAQs.