KKR-backed IQGeo to acquire Deepomatic.

KKR-backed IQGeo, a developer of geospatial software, agreed to acquire Deepomatic, an AI computer vision software developer. Financial terms were not disclosed. "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. 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," Richard Petti, IQGeo CEO.