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
Explore More
Related Acquisitions
-
Seequent (Bentley Systems) Acquires Aarhus GeoSoftware
July 7, 2021
Software
Seequent, a business unit of Bentley Systems, has acquired Aarhus GeoSoftware, a Denmark-based developer of geophysical data processing and inversion software. The acquisition adds AGS Workbench and related tools to Seequent's subsurface modeling ecosystem (Leapfrog), expanding capabilities for groundwater management, environmental monitoring, mining, and infrastructure risk assessment.
-
Bentley Systems Acquires Seequent
June 21, 2021
Software
Bentley Systems completed the acquisition of Seequent Holdings Limited for approximately $900 million in cash plus 3,141,342 BSY Class B shares, adding Seequent's 3D geological modelling and cloud geodata capabilities to Bentley's infrastructure engineering software portfolio. The deal was a purchase of the majority stake previously held by Accel-KKR and is intended to expand Bentley's subsurface and geoscience capabilities across infrastructure, energy, and natural resources markets.
-
Seequent (Bentley Systems) Acquires Minalytix
September 14, 2021
Cloud & SaaS
Seequent, the geoscience business unit of Bentley Systems, acquired Canadian software company Minalytix, developer of the MX Deposit SaaS platform. The acquisition (following Seequent's prior minority stake and exclusive partnership) expands Seequent's cloud data-collection and collaboration capabilities for mining exploration, resource development, and production workflows.
-
GeologicAI Acquires Resource Modeling Solutions
February 13, 2024
AI & Machine Learning
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.
-
Bentley Systems Acquires Talon Aerolytics and Pointivo Technology
January 5, 2026
Software
Bentley Systems acquired Talon Aerolytics and the technology and technical expertise of Pointivo to strengthen its Asset Analytics portfolio. The deals (closed in December) expand Bentley's digital twin and AI capabilities for infrastructure asset inspections, drone data processing, and automated damage detection across telecommunications and electric utilities.
-
ACRE Acquires RS2 Technologies
April 18, 2019
Manufacturing
ACRE has entered into a definitive agreement to acquire RS2 Technologies, a Munster, Indiana-based manufacturer of access control hardware and software. The acquisition expands ACRE's access control portfolio (joining Vanderbilt, Open Options and Comnet) and strengthens its position and reach in the North American market.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.