A natural fit. Bentley, a leader in modeling infrastructure above the ground, is to acquire Seequent, a leader in belowground modeling. (Picture courtesy of Seequent.)
“By ‘leapfrogging ahead’ with Bentley to align geosciences with infrastructure engineering through deeper digital twins, Seequent underscores our conviction that better understanding of the earth creates a better world for all,” said Shaun Maloney, chief executive officer of Seequent, regarding the recent news of Bentley Systems intention to acquire Seequent.
That’s a powerful statement, especially that last part about creating a better world for all. How on Earth do they plan to do this?
Bentley Systems and Seequent, a developer of 3D geological modeling software, are teaming up “to advance environmental resilience by ‘deepening’ infrastructure digital twins.”
Bentley turned heads when it announced plans to acquire Seequent in a deal worth $1.05 billion on March 11, 2021. We are reminded of Dassault Systèmes making a similar leap into the geological modeling space in 2012 when it acquired Gemcom Software, which now makes up its GEOVIA product line, for approximately $360 million. Bentley is poised to dominate the geological modeling space, not only because its investment is three times greater but also because its strength in modeling infrastructure above the ground is a natural fit with the projects below.
The press release stated that “Bentley Systems entered into a…