Seequent acquires Geosoft
The merger brings together the Leapfrog 3D geological modelling software suite with Toronto-based Geosoft’s subsurface geoscience and exploration technology.
The acquisition accelerates Seequent’s growth in mining, civil engineering, energy, government and environmental sectors by bringing together its Leapfrog 3D geological modelling software suite with Geosoft’s subsurface geoscience and exploration technology.
“We wanted to bring the Leapfrog and Geosoft solutions together to provide our collective customers with subsurface technology that works seamlessly across the life cycle of their projects,” said Shaun Maloney, Chief Executive of Seequent. “Our goal is to better equip our global customers as they work to address some of the world’s biggest earth environment, civil, mining and energy challenges.”
With the acquisition of Geosoft, Seequent now has a strong market position in subsurface geoscience and modelling software solutions with offices in 20 locations, serving customers in over 100 countries. Toronto-headquartered Geosoft, with a network of offices around the globe, will operate as a distinct business unit within Seequent, which has its global headquarters in Christchurch, New Zealand. Seequent will continue to drive R&D from New Zealand and Canada.