Bentley Systems Completes Acquisition of Seequent, Global Leader in 3D Modeling Software for the Geosciences
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the completion of its acquisition of Seequent Holdings Limited, for approximately $900 million in cash (for a debt free business and subject to final working capital adjustments) plus 3,141,342 BSY Class B shares.
When announcing its second quarter 2021 operating results (scheduled for August 10, 2021) Bentley Systems will update its full‑year 2021 financial outlook, reflecting the inclusion of Seequent.
About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software
company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry‑leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, and industrial facilities. Our offerings include MicroStation
‑based applications for modeling and simulation, ProjectWise
for project delivery, AssetWise
for asset and network performance, and the iTwin
platform for infrastructure digital twins. Bentley Systems employs more than 4,000 colleagues and generates annual revenues of more than $800 million in 172 countries.
© 2021 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, ProjectWise, and Seequent are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
TOTAL-TELECOM28.7.2021 12:02:06 CEST | Press release
Total Telecom: Mass Production of 14nm Chips in China Will be Achieved Next Year
CA-GUPSHUP28.7.2021 12:02:05 CEST | Press release
Gupshup Raises Additional $240 Million to Fast-Track Global Conversational Messaging Vision
IA-WORKIVA28.7.2021 10:17:08 CEST | Press release
Workiva Extends Value of Cloud Platform with Launch of New SaaS Marketplace
VÄRDE-PARTNERS28.7.2021 10:02:16 CEST | Press release
Värde Partners Agrees €96 Million Sale of Hotel Barcelona Apolo to Meliá
NY-AQARA28.7.2021 10:02:05 CEST | Press release
Aqara Expands to Amazon UK
ISG28.7.2021 10:02:05 CEST | Press release
Nordic Enterprises Moving Forward with SAP S/4HANA Initiatives to Meet Challenges of COVID-19
CA-DIC28.7.2021 09:57:05 CEST | Press release
DIC, Debut Biotech Team Up to Develop and Bio-Manufacture Natural Pigments for More Sustainable Food Colorants and Cosmetics
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom