Emerson has completed the purchase of a provider of software solutions to the oil and gas industry, Paradigm®.
The combination of Paradigm with Emerson’s Roxar software business will create a comprehensive software portfolio offering.
“Emerson is positioned to meet customers’ demand for an independent, global provider of comprehensive exploration and production software solutions,” said Emerson Chairman and CEO 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.”
Read the article online at: https://www.hydrocarbonengineering.com/refining/06122017/emerson-acquires-paradigm/