Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Canada
  4. Bourse de Toronto
  5. Topicus.com Inc.
  6. News
  7. Summary
    TOI   CA89072T1021

TOPICUS.COM INC.

(TOI)
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Topicus com : CGG Sells its GeoSoftware Business to Topicus.com and Vela Software

08/02/2021 | 09:39am EST

CGG S.A. ('CGG') and Topicus.com Inc. ('Topicus') (TSXV: TOI) announced today that CGG has entered into an agreement with Topicus and Vela Software ('Vela'), for the sale of CGG's GeoSoftware business.

The closing of this transaction remains subject to mutually agreed closing conditions.

'Being a perpetual owner of businesses, Topicus and Vela look forward to maintaining the standard of excellence that CGG has instilled in the Company's solutions,' said Gabor Czegledy, CEO of Vela's Energy Portfolio and Han Knooren, Group CEO of the TSS operating group within Topicus. 'We are excited to welcome Geosoftware and its employees, for the long term, into our portfolio.' The Geosoftware business will be owned jointly by Topicus and Vela, with Topicus owning 60% and Vela 40%.

Sophie Zurquiyah, CEO, CGG, said: 'GeoSoftware has a leading position in its market niche. We believe that Topicus and Vela, being software focused companies with a permanent hold philosophy, will be a great home for the business and its employees. We expect that together they will further invest and develop the GeoSoftware product suite, allowing the Company to grow its offerings and continue its success'.

About Vela Software

Vela is a global provider of software solutions to a number of vertical industries with broad and deep market knowledge in the Energy and Resources software. As an operating group of Constellation Software Inc., Vela acquires, manages, and builds industry specific software businesses which provide specialized, mission-critical software solutions. Vela's goal is for its companies to become leaders in their respective verticals by investing in their operations, growing through organic initiatives, and by seeking acquisitions that can strengthen their market position.

About Topicus.com

Topicus.com Inc. is a leading pan-European provider of vertical market software and vertical market platforms to clients in public and private sector markets. Operating and investing in countries and markets across Europe with long-term growth potential, Topicus.com Inc. acquires, builds and manages leading software companies providing specialized, mission-critical and high-impact software solutions that address the particular needs of customers.

Contact:

Jamal Baksh

Tel: (416) 861-9677

About CGG

CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA.

(C) 2021 Electronic News Publishing, source ENP Newswire

All news about TOPICUS.COM INC.
11/26Constellation Software Details Formation of Venture Capital Fund and Management Changes..
MT
11/25Robin van Poelje named as Chief Executive Officer of Topicus.com
AQ
11/25Topicus.com Inc. Announces Change of Chief Executive Officer
CI
11/03Topicus.com Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended S..
CI
11/03Constellation Software Inc. and Topicus.Com Inc. Announce Results for Topicus.com Inc. ..
AQ
10/18TOPICUS.COM INC : . Announces Release Date for Third Quarter Results
AQ
10/18TOPICUS.COM INC.(TSXV : TOI) added to S&P/TSX Venture Composite Index
CI
10/01TOPICUS COM : and CGG complete sale and transfer of GeoSoftware Business to Topicus.com an..
AQ
08/04TOPICUS COM : Earnings Flash (TOI.V) TOPICUS.COM and CONSTELLATION SOFTWARE Say Revenue In..
MT
08/04CONSTELLATION SOFTWARE INC. : and Topicus.Com Inc. Announce Results for Topicus.com Inc. f..
AQ
More news
Financials
Sales 2020 494 M 556 M 556 M
Net income 2020 63,7 M 71,6 M 71,6 M
Net Debt 2020 47,5 M 53,5 M 53,5 M
P/E ratio 2020 -
Yield 2020 -
Capitalization 3 205 M 3 648 M 3 606 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float 98,7%
Chart TOPICUS.COM INC.
Duration : Period :
Topicus.com Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Robin van Poelje Chairman & Chief Executive Officer
Jamal Nizam Baksh Chief Financial Officer & Director
Mark Henri Leonard Non-Executive Director
Bernard Anzarouth Non-Executive Director
Stephen R. Scotchmer Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
TOPICUS.COM INC.0.00%3 610
MICROSOFT CORPORATION46.66%2 449 028
SEA LIMITED24.02%136 920
ATLASSIAN CORPORATION PLC49.44%89 333
DASSAULT SYSTÈMES SE55.37%76 586
ROBLOX CORPORATION0.00%65 553