M&A Deal Summary

Bluware Acquires Kalkulo AS

On April 30, 2019, Bluware acquired software company Kalkulo AS

Acquisition Highlights
  • This is Bluware’s 1st transaction in the Software sector.
  • This is Bluware’s 1st transaction in Norway.

M&A Deal Summary

Date 2019-04-30
Target Kalkulo AS
Sector Software
Buyer(s) Bluware
Deal Type Add-on Acquisition
Advisor(s) Renevo Capital (Financial)

Target

Kalkulo AS

Fornebu, Norway
Kalkulo AS is a Norwegian technology company that provides cutting edge software solutions for complex challenges, in particular for companies in the energy sector. To deliver the best possible results, Kalkulo works actively with clients to translate their domain expertise into software that interfaces smoothly with their existing or emerging workflows.

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Buyer(S) 1

Buyer

Bluware

Houston, Texas, United States

Category Company
Founded 1987
Sector Software
DESCRIPTION

Bluware is a privately-owned company that produces game-changing solutions for the most challenging objectives in the petrotechnical world. Bluware’s Headwave software platform is used by some of the biggest names in E&P to accelerate digital transformation initiatives, delivering both near-term ROI and long-term strategic value. Working in close collaboration with industry leaders, Bluware develops software that leaps ahead of long-time established offerings to drive business innovation and a whole new way of working. Bluware was founded in 1987 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2019 M&A 1 of 1