Computer Modelling Group (CMG) Acquires SeisWare International
July 31, 2025
Computer Modelling Group Ltd. (CMG) has acquired SeisWare International Inc., a Calgary- and Houston-based geoscience software company, for an estimated US$6.6 million. SeisWare — which reported approximately US$3.4 million of recurring revenue in the 12 months ended March 31, 2025 and has a team of over 40 employees — will join CMG's seismic solutions group as a platform to expand CMG's seismic interpretation capabilities.
- Buyers
- Computer Modelling Group Ltd. (CMG)
- Targets
- SeisWare International Inc.
- Industry
- Software
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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