Earlier this year, Petroleum Experts (Petex) acquired NSI Management Company (a.k.a. NSI Upstream) along with its flagship Oil Field Commander (OFC) software. OFC links real-time and historical data sources with petroleum engineering analytical and modeling tools. Petex’s product line includes the Integrated Production Modeling (IPM) suite of tools (GAP, PROSPER, MBAL, PVTP, REVEAL, and RESOLVE) and Integrated Field Management (IFM). Petex is to rebrand OFC as ‘Integrated Visualisation Manager’ (IVM).
The Finanstilsynet (Norwegian Financial Supervisory Authority) has approved Aker Solutions prospectus for listing of shares in its Kvaerner unit which is to be de-merged and listed on Oslo Stock Exchange in July 2011.
Autonomy is to acquire ‘selected key assets’ of Iron Mountain’s digital division including archiving, eDiscovery and online backup for $380 million cash. Autonomy is to use its ‘Idol’ meaning-based technology to extend compliance, discovery and analytics and enable intelligent collection and processing of non-regulatory data from distributed servers, PCs and mobile devices. The deal adds over six petabytes of data and 6,000 customers to Autonomy’s private cloud.
Honeywell is to acquire EMS Technologies, a provider of connectivity solutions for mobile networking, rugged mobile computers, and satellite communications for $491 million (approximately 13 times 2010 EBITDA.) The deal will enhance Honeywell’s ruggedized mobile computing products and services for use in transportation, logistics, and workforce management settings as well as secure satellite-based asset tracking and messaging technology for search and rescue, warehousing.
© Oil IT Journal - all rights reserved.