Emerson expands E&P software capabilities with acquisition
Dec. 4, 2017
Emerson has completed the purchase of Paradigm.
Offshore staff
ST. LOUIS, Missouri – Emerson has completed the purchase of Paradigm, a software solutions provider to the oil and gas industry.
The combination of Paradigm withEmerson’s Roxar software business creates a comprehensive exploration and production software portfolio offering.
Emerson Chairman and CEO David N. Farr said: “Emerson is positioned to meet customers’ demand for an independent, global provider of comprehensive E&P software solutions.
“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.”
