Bentley Incorporated : Systems to buy software maker Seequent in $1.05 bln deal
March 11, 2021 at 04:27 pm EST
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March 11 (Reuters) - Infrastructure engineering software
maker Bentley Systems Inc said on Thursday it had agreed
to buy privately held geological and geophysical modeling
software developer Seequent in an about $1.05 billion deal.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Amy Caren
Daniel)
Bentley Systems, Incorporated is an infrastructure engineering software company. The Company offers solutions for enterprises and professionals across the infrastructure lifecycle. Its software enables digital workflows across engineering disciplines, across distributed project teams, and from offices to the field. Its offerings are powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequentâs software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Its engineering and geoprofessional applications are primarily cloud-connected desktop modeling and simulation applications. Its software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, and water and wastewater, others.