Bentley Systems Announces Seequent’s Acquisition of Seismic Interpretation Software Company Eliis
Bentley Systems announced that its subsidiary Seequent has acquired Eliis, a Montpellier, France-based seismic interpretation software company founded in 2007. Eliis' 100+ geoscientists and specialists join Seequent, adding the PaleoScan platform with patented Relative Geological Time and AI-assisted interpretation technology, plus the PaleoModel reservoir-simulation co-innovation project. No financial terms were disclosed. The deal deepens Seequent's subsurface software stack across energy, mining, groundwater, and carbon-storage use cases.
Key figures
- Eliis headcount
- more than 100
- Seequent headcount
- 950+ colleagues in 32 locations post-acquisition
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.