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Bentley Systems Completes Acquisition of Seequent, Global Provider of 3D Modeling Software for the Geosciences

By Eric Van Rees - 21st June 2021 - 06:26

Bentley Systems, the infrastructure engineering software company, announced the completion of its 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.

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

Read More: Digital City Modelling Education & Research

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