Seequent today announced it has signed an agreement to acquire Geosoft, a Canadian geoscience software company headquartered in Toronto. The acquisition brings together Seequent's Leapfrog 3D geological modelling software suite with Geosoft's subsurface geoscience and exploration data-driven technology - to create a subsurface offering for the mining, civil engineering, energy and environmental sectors.
Seequent is known for its Leapfrog 3D geological modelling solutions. First introduced to the mining and minerals industry15 years ago, the company has since launched Leapfrog versions for the geothermal and energy industries and civil engineering and environmental industries, as well as other visualisation and collaboration technologies.
By bringing together the Geosoft and Leapfrog brands, Seequent now has offices in 20 locations around the world serving customers in over 100 countries.
In a media release, Shaun Maloney, Chief Executive of Seequent, said the focus on mining and minerals, energy, civil and environmental industries will continue. Seequent's global headquarters will remain in Christchurch and the company will continue to drive R&D from New Zealand, Canada and South Africa. Geosoft's global headquarters will remain in Toronto, Canada.