Caterpillar completes $730M acquisition of RPMGlobal

Caterpillar (NYSE:CAT) has completed its acquisition of Australian mining software firm RPMGlobal Holdings, marking a significant step in the heavy machinery giant's push to dominate the digital layer of the mining pit.

The deal, valued at approximately A$1.12 billion ($730 million), closed on Feb. 17, 2026, following a final sign-off from the Australian Federal Court earlier this month.

The acquisition brings Brisbane-based RPMGlobal’s suite of mine planning, scheduling, and simulation tools under the Caterpillar umbrella.

While RPMGlobal will continue to operate as a standalone brand, its data-driven software will be integrated into Caterpillar’s autonomous and fleet management systems.

The move is designed to offer a seamless "end-to-end" technology stack—linking the physical iron of trucks and excavators with the digital systems that plan their every move.

The deal follows a record-breaking 2025 for Caterpillar, which saw annual revenues climb to $67.6 billion, providing the firm with ample dry powder to scale its digital solutions across its massive global dealer network.