Bluware, Hue AS and Headwave are to merge into a new company to ‘drive the 3rd wave’ of E&P software. Lars Olrik will be CEO of the combined company which will have over 100 technology professionals. Bluware provides software development services to majors, notably Shell US.
Emergency resource management software house Arcos has acquired mobile damage assessment developer Samsix. The acquisition combines Arcos’ personnel and equipment management solution with Samsix’ mobile damage assessment and crew location services.
Well integrity and reliability software house ExproSoft has acquired reliability, availability, and maintainability specialist Miriam. Miriam’s cloud-based RAM Studio helps oil and gas operators achieve high uptime at oil and gas fields and processing facilities. Integrating of RAM Studio with ExproSoft’s WellMaster will enable prediction of well failure, downtime and intervention costs.
GE Digital has acquired asset performance management specialist Meridium. The APM toolset will integrate GE’s Predix industrial internet platform. GE took a 26% stake in the company back in 2014. The overall (100%) cost of the acquisition is put at $495 million.
MSA Safety has acquired Senscient, a laser-based gas detection technology provider used in a broad range of applications including oil and gas where its patented ELDS technology can detect a wide range of toxic and flammable gases such as H2S.
In a $1.62 billion deal, OpenText has acquired Dell EMC’s Enterprise Content Division, including Documentum. Barclays advised on the deal and provided a $1.0 billion ‘debt commitment’ in support of the transaction.
Rockwell Automation has acquired systems integrator Maverick Technologies. The acquisition strengthens Rockwell’s expertise in key process and batch applications adding platform-independent domain expertise. Rockwell also recently acquired Automation Control Products, a provider of centralized thin client, remote desktop and server management software.
Quest Offshore Resources has sold its data and subscriptions business to Verisk Analytics. The business will integrate Verisk’s Wood Mackenzie unit. The consulting arm and conference businesses were not sold and continue to operate under Quest Offshore.
Weatherford International is to pay a $140 million fine to settle a case brought by the SEC that it inflated its earnings by $900 million over a five year period by using ‘deceptive income tax accounting.’ More from Law360.
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