Tyler Technologies says it has strengthened its public safety software offerings via the acquisition of Pennsylvania-based CODY Systems.
Tyler did not say how much it paid for the company.
Founded in 1979, CODY sells Pathfinder RMS, a cloud-native records management platform. According to a statement, Tyler will integrate that technology into other products.
Tyler also now owns CODY’s COBRAnet, a data-sharing and integration platform for law enforcement.
That product reflects the general trend in gov tech of bringing together disparate sources of information to aid with emergency responses and investigations — moves that have attracted controversy.
CODY also will help Tyler build more presence in the market for small to mid-sized public safety agencies, according to the statement.
CODY has more than 300 clients in 10 states. Its management and staff will work for Tyler.
“We know that public safety agencies continue to face pressure to do more with limited resources while keeping systems current and secure,” said Andrew Hittle, president of Tyler’s Public Safety Division, in the statement. “By adding CODY Systems’ solutions, these agencies will continue to benefit from technology designed to fit how they actually work.”
Earlier this year, Tyler announced its $212.5 million acquisition of For the Record, a court technology supplier. It sold AI-powered transcription tools and had gained investment from Tyler more than a decade ago.
Earlier this week, during the second quarter conference call with analysts, Tyler CEO H. Lynn Moore, Jr., said For the Record recently had “won a really big opportunity in Australia this quarter, about a $1.6 million annual ARR,” along with “seven or eight other deals in the quarter.”
The comment came after Tyler reported a year-over-year Q2 revenue increase of 8.2 percent, to $645.1 million.
The company also reported a nearly 35 percent spike in free cash flow, to $118.5 million — an increase credited to federal tax policy under President Trump.
“So there was about $30 million less cash taxes this quarter than there was in the second quarter of last year, and that’s primarily related to some of the impacts of the One Big Beautiful Bill,” CFO Brian Miller told analysts.