Katalyst bags SpectrumData

Upstream data management deal brings iGlass/Seismic Zone data tools to Australian client base. Perth-based unit rebrands as KDM SpectrumData.

Katalyst Data Management (formerly Kelman) has bought the oil and gas data management division of Perth, Australia-based SpectrumData, provider of data management, tape transcription and scanning services to the geoscience data industry in the Asia-Pacific region. The unit will be rebranded KDM SpectrumData.

Katalyst president and CEO Steve Darnell said, ‘the acquisition is a milestone in our journey to a global presence in the major oil and gas data markets. With significant investment in North America and Europe, we will now be deploying our iGlass and SeismicZone end-to-end data management solution in Perth and Wellington.’

SpectrumData was formed in 2003 in the management buy-out of an Australian software boutique led by Guy Holmes. Acquired in 2010 by Ovation Data Services, another MBO (again led by Holmes) returned the company to independence. Following the acquisition, Holmes is to stay on to manage Katalyst’s Asia-Pacific operations. Katalyst now has offices in Australia, New Zealand and India and operates datacenters in Houston, Denver, Oklahoma City, Calgary and London.

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