Included in the acquisition are TeamTech’s minesite productivity software applications, intellectual property, trademarks, client base and the company’s staff.
Gemcom said TeamTech’s software and services were complementary to Gemcom’s mine performance management solution InSite.
TeamTech product offerings include components for enterprise systems integration, plant performance optimisation, mining activity optimisation, mineral and metal product management, production accounting, and travel and accommodation bookings.
“With the mining industry seeking solutions that increase productivity and reduce costs, I am excited about the additional benefits the TeamTech products and services offer,” Gemcom chief executive Rick Moignard said.