GeologicAI Acquires Resource Modeling Solutions
February 13, 2024
GeologicAI, a Calgary-based developer of AI-driven core scanning robots and software, has acquired Resource Modeling Solutions (RMS), a geostatistics and geometallurgy consultancy and software provider. The acquisition expands GeologicAI’s modeling and subsurface interpretation capabilities, enabling broader end-to-end technology solutions for mining, environmental, and petroleum clients.
- Buyers
- GeologicAI
- Targets
- Resource Modeling Solutions
- Industry
- AI & Machine Learning
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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