Bayanat provides national level mapping and geospatial products and services/Shutterstockby Kudakwashe Muzoriwa
Abu Dhabi-based Group 42, an artificial intelligence and cloud computing company, has acquired Bayanat for Mapping and Surveying Services, a geospatial data products and services provider, for an undisclosed sum, according to local newswire WAM.
Peng Xiao, the CEO of Group 42, said, “This acquisition reflects G42’s continuous effort to deliver cutting-edge, AI-enabled solutions to the region, as it gives us access to technology, expertise and high-quality geographical data that will be used to nourish our algorithms further.”
Group 42 will further bolster Bayanat’s vision, having the region's most powerful computing capability and their reputation for being thought leaders in AI research and the development of world-class industry solutions, said Mohammed Al Beloushi, the CEO of Bayanat.
Group 42 partnered with the Abu Dhabi Department of Health in December 2019 to deliver the first genome programme in the country whilst in November, the firm established a joint venture with Abu Dhabi National Oil Company to create AI-enabled solutions for the oil and gas industry.
Bayanat provides national level mapping and geospatial products and services for both the public and private sectors in the UAE.