Construction technology provider Causeway Technologies has acquired Yotta, a global provider of connected asset management software and services, from AIM-listed Oxford Metrics plc
Yotta serves over 200 customers worldwide, providing software to assist in the management of more than 35 million physical assets and related services, including highways, street lighting and waste management. The acquisition of Yotta marks another vital step on Causeway’s journey to digitize the processes that underpin the construction and maintenance of infrastructure assets.
Phil Brown, chief executive of Causeway, said: “With our new combined offering, data will flow seamlessly between local authorities and their contractors in one single end-to-end solution, ensuring the needs of all stakeholders are met without compromise.
“The acquisition of Yotta brings us a team with fantastic knowledge of solutions for local authority asset management and services. This, combined with Causeway’s own expertise in contractor job and resource management, creates a team with an unparalleled depth of understanding.”