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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