![]() ![]() 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”. 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. Sophie Zurquiyah, CEO, CGG, said: “ GeoSoftware has a leading position in its market niche. The GeoSoftware business will be owned jointly by Topicus and Vela, with Topicus owning 60% and Vela 40%”. " We are excited to welcome GeoSoftware and its employees, for the long term, into our portfolio. “ 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. The closing of this transaction remains subject to mutually agreed closing conditions. (“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 (“GeoSoftware” or the “Company”).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |