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Emerson Acquires Paradigm for $510 Million

Announced Date
October 17,2017
Deal Value $
510,000,000
Transaction Type
Corporate
Buyer
Seller
Source Documents:
   Source Link
Location
Region
United States

Country
United States


Transaction Details: 

Emerson has agreed to acquire Paradigm for $510 million.

Paradigm provides software solutions for the oil and gas industry.

About Paradigm: Paradigm is the largest independent developer of software-enabled solutions to the global oil and gas industry. Paradigm easy-to-use technology and workflows provide customers with deeper insight into the subsurface by combining leading-edge science, high-performance desktop and cluster computing, and scalable data management, delivering highly accurate results and productivity without compromise.

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