Announced
Completed
Financials
Tags
software services
Acquisition
Completed
Software
Majority
United States
Private
Cross Border
Friendly
Single Bidder
Synopsis
Sercel, a designer and manufacturer of high-tech solutions for subsurface exploration, completed the acquisition of the software business of ION Geophysical, a provider of acquisition equipment, software, planning and seismic processing services, and seismic data libraries to the global oil & gas industry. Financial terms were not disclosed. “We are delighted to bring ION’s software technology and expertise onboard and welcome the teams to Sercel. This acquisition is an excellent opportunity for Sercel to broaden its offering and to continue to expand its diversification opportunities with value proven products such as Marlin. The software team also brings significant experience in designing, developing, supporting and selling software services and solutions, which Sercel can further leverage across its various other solution offerings," Emmanuelle Dubu, Sercel CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.