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Emerson Completes Paradigm Acquisition

Source: www.gulfoilandgas.com 12/4/2017, Location: North America

Emerson has completed the purchase of Paradigm®, a leading provider of software solutions to the oil and gas industry.

The combination of Paradigm with Emerson’s Roxar software business creates a comprehensive Exploration & Production (E&P) software portfolio offering.

“Emerson is positioned to meet customers’ demand for an independent, global provider of comprehensive E&P software solutions,” said Emerson Chairman and Chief Executive Officer David N. Farr. “Paradigm and Roxar together can better help customers achieve Top Quartile Performance by increasing efficiency, reducing costs and improving their return on investment within new and established reservoirs.”

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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