Landmark Information Group, the biggest resource for land and property data in the UK, today announces the completion of the acquisition of Ordnance Survey’s shares in PointX, a Points of Interest (POI) database which provides essential information for businesses delivering location-based services.
PointX was formed in 2001 as a joint venture between Landmark and Ordnance Survey. Now as a fully owned entity, PointX will enable Landmark to deliver richer data services to a range of new applications spanning its whole customer base in the property market.
Simon Brown, CEO, Landmark Information Group said:
“This acquisition reinforces Landmark’s mission to use data and technology to transform the property transaction process. Points of interest data, such as the location of local amenities, is crucial information for all property professionals. The addition of PointX’s POI data to our suite of services will offer richer and more dynamic insights, enabling our clients to harness the power of location-based data in new and innovative ways.”
David Henderson, Chief Geospatial Officer, Ordnance Survey, added:
“Ordnance Survey continues to recognise the important role Points of Interest (PoI) data has made for our customers over the last twenty years. Whilst OS is exiting PointX as a shareholder, we will continue to work closely with the Landmark team and will be proud to continue to distribute PoI data to our customers and partners through our product catalogue.”
This article was submitted to be published by Landmark Information as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.
