REG - Built Cybernetics - Acquisition

Built CyberneticsAnnouncement

12/11/2025 13:30

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RNS Number : 2880H  Built Cybernetics PLC  12 November 2025

12 November 2025

 

Built Cybernetics plc

("Built Cybernetics", the "Company", or, together with its subsidiaries, the
"Group")

 

Acquisition of 3DEO and launch of MapBI

Attendance at MELLOLONDON

 

The Board of Built Cybernetics (AIM:BUC), the smart buildings group, is
pleased to announce the acquisition of the business and certain assets of
Belfast-based 3DEO (NI) Limited ("3DEO").

 

3DEO's Active Maps proprietary graphical information software is used to
visualise and analyse information in a 3D environment. Active Maps is sold on
a software-as-a-service (SaaS) basis, and has a range of applications for
Smart Cities, Smart Ports, and for property portfolio owners and managers
looking to understand their data at a campus-wide or portfolio-wide level.

 

The Active Maps software is expected to be of interest to the Group's existing
client base, in particular developers and other owners of multiple properties.

 

Acquisition terms

 

The acquisition has been effected by a previously dormant wholly owned Built
Cybernetics subsidiary, which has been renamed MapBI Ltd ("MapBI").

 

The business and certain assets, being principally the Active Maps software,
have been acquired from the liquidator of 3DEO (NI) Limited. Total
consideration to achieve the purchase is £100,000 in cash, of which £75,000
has been paid, with a further payment of £25,000 due in six months. MapBI
expects to make offers of employment to a number of former employees of 3DEO.

 

Additionally, up to £125,000 is payable to a number of parties from a portion
of future MapBI profits.

 

MELLOLONDON

 

Additionally, the Company is pleased to announce that Nick Clark and Freddie
Jenner will be presenting at the MELLOLONDON investor event on Wednesday 19
November 2025, held at The Clayton Hotel & Conference Centre, Chiswick
High Road, London W4 5RY. Information about the event including a 25% discount
on tickets is available by viewing this RNS on the Company's website using the
Investor Enquiries link below.

 

Comments

 

Nick Clark, Chief Executive, commented:

 

"We're delighted to have acquired this complementary business, which should
allow us to accelerate the growth of recurring software revenues and we expect
a strong start from MapBI in the current year. Our presentation at MELLOLONDON
later this month will provide further information on our new venture."

 

 

 Investor Enquiries                                         https://builtcybernetics.com/link/yOONVy

                                                        (https://builtcybernetics.com/link/yOONVy)
 We encourage all investors to share questions

 on this announcement via our investor hub
 Built Cybernetics plc                                    +44 (0)20 7843 3001

 Clive Carver, Chairman

 Nick Clark, Chief Executive
 Canaccord Genuity Limited, Nominated Adviser and broker  +44 (0)20 7523 8000

 Stuart Andrews

 Elizabeth Halley-Scott

 

About Built Cybernetics plc

Built Cybernetics is a London-quoted PropTech group delivering Smart Buildings
and related services. The Group is uniquely positioned to ensure the technical
systems that run modern premises are designed as an integral part of the
structure, from the outset. By cross-selling smart buildings services
alongside our renowned architecture projects, the Group's strategy positions
Built Cybernetics plc to build beyond one-off project fees and generate
scalable and recurring revenues for our investors.

 

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