Done Deals

FEI, Avatar, Barco, ESRI, Merrick, HitecVision, IFS, Mustang, Pareto, Numerical Rocks, Oceaneering, AGR, Timesway, Pansoft, Schlumberger, ThruBit, Total Safety, Z-Safety.

FEI has acquired rugged scanning electron microscope manufacturer Aspex Corp. for $30.5 million.

Avatar Systems has acquired Ogas, an oil and gas software house.

Barco has received a €50 million loan from the European Investment Bank to finance R&I into networked visualization and software for, inter alia, control rooms.

Merrick Systems has received a majority investment from private equity firm HitecVision. Founders Samina and Kemal Farid remain ‘significant’ shareholders.

Esri has acquired business intelligence software boutique SpotOn.

IFS is to acquire all the share capital of LatinIFS Tecnologia da Informação in an all cash transaction.

Wood Group’s Mustang unit has acquired Latin American automation engineering and consultancy company ISI Solutions for an initial consideration of US$5.2 million.

Pareto Staur Energy and Drilling Technologies are to invest NOK 50 million in Numerical Rocks.

Oceaneering International has acquired AGR Field Operations for approximately $230 million.

Timesway Group has offered $3.76 per share for the outstanding shares in Pansoft.

Schlumberger has acquired a Shell Technology Ventures-backed company, through-the-bit logging specialist ThruBit.

Total Safety has acquired Z-Safety Services.

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