Caterpillar Acquires RPMGlobal in $728 Million Mining Software Deal
Heavy machinery giant Caterpillar will acquire Australian mining software company RPMGlobal for A$1.12 billion ($728 million). The acquisition removes the last remaining mining software firm from ASX listings following recent industry consolidation.
Caterpillar Inc. has reached a definitive agreement to acquire Australian mining software specialist RPMGlobal Holdings Ltd for approximately A$1.12 billion ($728 million USD), marking a significant consolidation in the global mining technology sector. The deal, announced Monday, represents Caterpillar’s strategic move to strengthen its digital mining capabilities and follows the company’s initial A$5 per share offer disclosed in early September.