Plano-based Tyler Technologies announced today that it has acquired TradeMaster Inc. in its fourth acquisition this year — putting the company on track to becoming a billion-dollar enterprise.
Tyler Technologies calls itself the largest software company in the nation specifically focused on providing software and technology services to the public sector. TradeMaster Inc., commonly referred to in the industry as MobileEyes, is a software developer that works to improve public safety with fire prevention and suppression, emergency response, and structural safety.
“The acquisition of MobileEyes supports Tyler’s vision of creating safer communities through innovative technology solutions.”
MobileEyes offers software-as-a-service applications that target fire marshals and fire prevention departments, which often replace paper-laden processes. For example, the easy-to-use software can perform custom inspections, produce professional reports, and quickly communicate to constituents.
With the acquisition, MobileEyes intends to provide a single solution integrated with multiple products, which in-turn will allow Tyler to create a complete solution for all life safety functions.
“The acquisition of MobileEyes supports Tyler’s vision of creating safer communities through innovative technology solutions,” Lynn Moore, president and CEO of Tyler Technologies, said in a statement. “MobileEyes supports a critical life safety function that perfectly aligns with the public safety and civic services solutions Tyler offers and will help jurisdictions to better serve their communities.”
Tyler’s vision for Connected Communities
But, this acquisition is just one part of a bigger growth plan for Tyler Technologies.
Tyler has seen tremendous growth, spending over $175 million on acquisitions and increasing R&D investment this year by more than 30 percent. Last year, it acquired Radio 10-33 LLC and launched New World CrewForce.
By partnering with clients such as cities, schools, and other government entities, Tyler intends to make the public sector more efficient, accessible, and responsive. According to a release, the overall vision, called “Connected Communities,” is to digitally connect all vital city, county, and regional government services.
MobileEyes also shares this goal of providing best-of-breed products for Connected Communities. The company will enhance Tyler’s portfolio with its flagship solutions, the release said.
“Our software solutions help facilitate better communication, more accurate reporting, and ultimately work to create a safer world, which aligns well with Tyler’s vision to create safer and smarter communities,” Joe Krehel, president of MobileEyes, said in a release.
MobileEyes staff will join Tyler with the acquisition, but will continue to operate out of the current offices in Atlanta, Georgia and Troy, Michigan.
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