Seequent (Bentley Systems) Acquires Advanced Resources and Risk Technology (AR2Tech)

December 13, 2021

Bentley Systems' Seequent business unit has acquired Denver-based Advanced Resources and Risk Technology, LLC (AR2Tech), a developer of geostatistical software and algorithms. The acquisition adds AR2Tech's high-performance geostatistics algorithms, IP, and cloud/desktop workflows to Seequent's geological modeling solutions to strengthen capabilities for mining, environmental sciences, and energy users.

Buyers
Seequent, Bentley Systems
Targets
Advanced Resources and Risk Technology, LLC (AR2Tech)
Industry
Software
Location
Colorado, United States
Transaction Type
Buyout

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