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PE ownership or not, Nearmap’s future is in the metaverse

Yolanda Redrup
Yolanda RedrupRich List Editor

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The chief executive of takeover target Nearmap, Rob Newman, is tipping the aerial imaging company’s value proposition to expand materially in the next decade, as it becomes a core part of the architecture of the metaverse.

The metaverse is the term used for a vast network of 3D worlds and virtual simulations, rendered in real-time, in which people and businesses can interact.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/technology/us-becomes-nearmap-s-largest-market-as-thoma-bravo-runs-the-numbers-20220816-p5bae5