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2h ago

Caterpillar to Buy RPMGlobal for A$1.12 Billion in Mining-Software Push

The software maker would bolster Caterpillar’s autonomy-focused technology if the deal clears shareholder and regulatory reviews.

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Overview

  • Caterpillar and RPMGlobal signed a binding agreement to acquire the Brisbane-based software firm for A$1.12 billion.
  • The parties target closing in the first quarter of 2026 pending RPMGlobal shareholder approval and Australian regulatory clearance.
  • Caterpillar says RPMGlobal’s products complement its asset, fleet and autonomy technologies to enhance mine-site operations.
  • J.P. Morgan Securities LLC is serving as Caterpillar’s financial advisor on the deal.
  • The transaction extends consolidation in Australian mining software, and RPMGlobal would be delisted from the ASX if completed following Micromine’s A$1.3 billion sale to Weir.