Caterpillar expands data-driven mining tech with RPMGlobal deal

Rhea-AI Impact

(Moderate)

Rhea-AI Sentiment

(Positive)

Rhea-AI Summary

Caterpillar (NYSE: CAT) completed the acquisition of Australian mining software company RPMGlobal (ASX: RUL) on Feb 17, 2026, following an agreement announced in October 2025. RPMGlobal, headquartered in Brisbane, will continue operating under the RPMGlobal brand while its software will be integrated with Caterpillar equipment and technology to expand data-driven mining solutions.

The move broadens Caterpillar’s portfolio across the mining value chain, aiming to help customers plan, operate and manage sites more efficiently and scale digital solutions globally.

Positive

Adds RPMGlobal software expertise to Caterpillar’s mining portfolio
Maintains RPMGlobal brand while integrating technology and teams
Expands data-driven mining solutions across the mining value chain

Negative

Integration risk combining software, equipment and global teams
Execution risk scaling RPMGlobal solutions across Caterpillar customer base

Announcement date
Feb. 17, 2026
Press release date for RPMGlobal acquisition completion

Agreement month
October 2025
Month Caterpillar announced agreement to acquire RPMGlobal

CAT is down 1.22% while peers are mixed: DE +1.31%, CNH +9.17%, TEX +0.26%, PCAR -0.23%, ALG -1.44%, suggesting a company-specific move around the RPMGlobal completion.

Date	Event	Sentiment	Move	Catalyst
RPMGlobal acquisition announcement	+2.7%	Initial agreement to acquire RPMGlobal with expected Q1 2026 closing.

Pattern Detected

Prior acquisition news for RPMGlobal on Oct 12, 2025 saw a positive 2.74% 24h move, indicating historically constructive reactions to this deal’s announcement.

Recent Company History

Over the past several months, Caterpillar has highlighted strong fundamentals and strategic initiatives, including record 2025 sales, major AI power infrastructure alliances, and conference participation. In October 2025, the company first announced an agreement to acquire RPMGlobal, which prompted a 2.74% gain. Today’s news finalizes that same acquisition, reinforcing Caterpillar’s push into data-driven mining technology following earlier disclosure of the transaction terms and expected Q1 2026 closing.

The prior RPMGlobal acquisition announcement in Oct 2025 saw a 2.74% gain. Today’s completion headline continues the same deal, extending Caterpillar’s mining software and autonomy strategy.

The company moved from announcing the RPMGlobal agreement in Oct 2025 with expected Q1 2026 closing to confirming completion of the acquisition, marking progression from deal signing to integration of mining software capabilities.

This announcement confirms completion of Caterpillar’s acquisition of RPMGlobal, deepening its data-driven mining technology portfolio. It follows the initial agreement disclosed in October 2025, which previously drew a 2.74% gain. Investors can track how RPMGlobal’s software is integrated with Caterpillar’s equipment base, the impact on mine site performance solutions, and future disclosures on financial contributions or further technology-focused transactions.

AI-generated analysis. Not financial advice.

02/17/2026 – 07:35 PM

IRVING, Texas, Feb. 17, 2026 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) has acquired RPMGlobal Holdings Limited (ASX: RUL), an Australian-based mining software company. The acquisition expands Caterpillar’s portfolio of data-driven mining technology and software solutions that help customers plan, operate and manage their sites more efficiently.

Headquartered in Brisbane, Australia, RPMGlobal has deep domain expertise in mining technology enablement, providing customers with data-driven software solutions across the mining value chain. Caterpillar announced an agreement to acquire RPMGlobal in October 2025.

“Acquiring RPMGlobal is a notable milestone supporting our strategy to solve the challenges our mining customers face every day,” said Denise Johnson, group president, Caterpillar Resource Industries. “By combining RPMGlobal’s software capabilities with Caterpillar’s proven equipment and technology solutions, we will unlock new opportunities to help customers improve mine site performance, while advancing the future of mining technology in a way that is practical, scalable and grounded in their needs.”

“Given the complementary nature of the two companies’ technology offerings, Caterpillar is an ideal home for both our people and our software products,” said Richard Mathews, chief executive officer, RPMGlobal. “By deeply integrating our solution sets, we will be able to better solve the most difficult challenges mining companies grapple with daily. The team and I are looking forward to working with the Caterpillar team for the benefit of our customers.”

RPMGlobal will continue to offer products and services under the RPMGlobal brand.

About CaterpillarFor more than a century, Caterpillar has helped build a better, more sustainable world. With 2025 sales and revenues of $67.6 billion, Caterpillar Inc. is shaping the future as the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Backed by one of the largest independent global dealer networks and financing services through Cat Financial, the company’s primary business segments: Power & Energy, Construction Industries and Resource Industries are solving customers’ toughest challenges through commercial excellence and advanced technology, driven by a highly skilled, dedicated global team. Learn more at www.caterpillar.com.

About RPMGlobalRPMGlobal Holdings Limited [RPM®] is a global leader in the provision and development of mining software solutions to the mining industry.

RPM has been advancing the global mining industry through the provision of innovative software solutions and deep domain expertise for almost 50 years. The company’s innovative technology solutions support mining clients to extract more value at every stage of the mining lifecycle. In partnership with the industry, RPM has delivered safer, cleaner and more efficient operations in over 125 countries. Learn more at www.rpmglobal.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/caterpillar-bolsters-mining-technology-solutions-with-rpmglobal-acquisition-302691052.html

SOURCE Caterpillar Inc.

FAQ

What did Caterpillar (CAT) announce about acquiring RPMGlobal on Feb 17, 2026?

Caterpillar completed the acquisition of RPMGlobal to expand mining software capabilities. According to Caterpillar, the deal follows an agreement announced in October 2025 and brings RPMGlobal’s data-driven mining software and domain expertise into Caterpillar’s technology portfolio.

How will the RPMGlobal acquisition affect Caterpillar’s (CAT) mining product offerings?

The acquisition adds software that complements Caterpillar’s equipment and technology offerings. According to Caterpillar, combining RPMGlobal’s solutions with Caterpillar equipment aims to improve mine planning, operations and site management through integrated data-driven tools.

Will RPMGlobal continue operating under its brand after the CAT acquisition?

Yes, RPMGlobal will continue to offer products and services under the RPMGlobal brand. According to Caterpillar, the company and its software products will remain branded as RPMGlobal while being integrated into Caterpillar’s technology ecosystem.

What are the main benefits for mining customers from CAT’s RPMGlobal acquisition?

Customers may gain more integrated planning and operational software alongside Caterpillar equipment. According to Caterpillar, this integration is intended to unlock opportunities to improve mine site performance with practical, scalable digital solutions.

Does the RPMGlobal deal announced in October 2025 include a timeline for integration with Caterpillar (CAT)?

The announcement did not specify a detailed integration timeline. According to Caterpillar, RPMGlobal will be deeply integrated over time to combine solution sets, but no precise public timetable was provided in the announcement.