Done deals

Altair and RapidMiner. Baker Hughes bags Quest Integrity. Aramco, Equinor back Data Gumbo (again). Element Materials Technology acquires Singapore Test Services. Faro and GeoSLAM. Hexagon, iConstruct. Katalyst/Geopost. Kofax and Ephesoft. Omni Environmental Solutions and Purity Oilfield Services. GAI Consultants bags PGH Petroleum & Environmental. Sercel and ION software. TGVest Capital backs TXOne Networks. Xpansiv to acquire Evolution Markets.

Altair is to acquire RapidMiner, a low-code platform for AI/ML applications.

Baker Hughes is to acquire Team Inc. unit Quest Integrity, boosting its asset integrity solutions offering.

Data Gumbo has secured $4 million series C funding from the Energy Ventures arms of Saudi Aramco and Equinor to finance its blockchain-based ‘smart contract’ network.

Element Materials Technology has acquired testing, inspection and certification provider, Singapore Test Services.

Faro has acquired GeoSLAM, a provider of ‘simultaneous localization and mapping’ (SLAM) software that creates 3D models for use in digital twin applications.

Hexagon is expanding its Smart Digital Reality offering with the acquisition of iConstruct, a provider of building information modelling (BIM) software.

Katalyst Data Management is acquiring Geopost Energy, a Brazilian provider of oil and gas data products and services.

Kofax has acquired Ephesoft, enhancing its intelligent document processing offering and sales.

One Equity Partners’ Omni Environmental Solutions unit is to merge with Purity Oilfield Services, creating a nationwide provider of environmental services and equipment.

GAI Consultants has acquired PGH Petroleum & Environmental Engineers, a provider of petroleum and regulatory consulting services. Generational Equity advised on the deal.

CGG’s Sercel unit has completed its acquisition of ION Geophysical’s software business.

Industrial Internet of Things security specialist TXOne Networks has raised $70 million in series B funding in a financing round led by TGVest Capital.

Xpansiv is to acquire Evolution Markets, a global carbon, renewable and energy markets brokerage.

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