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ipernica in $16m deal

West Perth-based intellectual property company ipernica Ltd has entered into a $16 million agreement to acquire geospatial media company NearMap Pty Ltd, which has selected Perth for its initial prototype testing. The legally binding agreement allows ipernica to acquire a 100 per cent equity interest in NearMap, which creates high-resolution aerial photomaps with multiple view angles similar to that of Google Earth.

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