Done deals

Asco Group buys into Oniqua. Bentley bags EuResearch, Invensys acquires Spiral, McLaren merges with FMx. Pansoft goes private. Petrofac acquires Oilennium. Verdande seeks cash for CBR.

ASCO Group is now a majority shareholder in Australian analytics-based technology solutions company Oniqua MRO Analytics.

Bentley Systems has acquired Eu-Research, developer of Microprotol, an application for the design and analysis of pressure vessels and heat exchangers.

Invensys Operations Management has acquired Cambridge, UK-based Spiral Software, a provider of integrated solutions ranging from crude assay management to refinery supply chain optimization. The business will continue to be managed by Spiral Software’s existing executive team.

McLaren Software has merged with computer aided facilities management solutions provider FMx Ltd. The merger follows Idox Group’s acquisition of McLaren’s parent company.

ERP software service provider for the oil and gas industry in China, Pansoft, is to merge with Timesway Group and Genius Choice Capital. Pansoft will then become a privately held company and its shares will no longer be traded on the Nasdaq.

Petrofac Training Services has acquired specialist e-learning provider to the energy industry Oilennium.

Verdande Technology’s investors, including Investinor AS, ProVenture Management and Statoil Technology Invest are driving an internal effort to raise US$8 million for continued enterprise adoption of case-based reasoning. Verdande recently received a US$1.75 million grant from Innovation Norway to expand its development efforts and promote the use of CBR.

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