Caterpillar to acquire RPMGlobal for AUD1048m.

Caterpillar, a manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives, agreed to acquire RPMGlobal, an Australian technology company engaged in developing enterprise software, advisory, and data solutions for the mining industry to improve productivity, planning, and asset management, for AUD1048m. "RPMGlobal's culture and agile approach to developing solutions aligns well with Caterpillar's intense focus on solving customer needs. Their software solutions complement Caterpillar's existing technologies, especially in areas such as asset management, fleet management and autonomy. Together, we have the potential to enhance mine-site operations for our customers, unlocking even greater value," Denise Johnson, Caterpillar Resource Industries Group President.