Saturday, September 21, 2024

Bentley Systems Completes Acquisition of Seequent, World Leader in 3D Modeling Software for Geosciences

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company , today announced the completion of the 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.

By announcing its second quarter 2021 operating results (scheduled for August 10, 2021), Bentley Systems will update its financial outlook for the full year 2021, reflecting the inclusion of Seequent.

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