M&A Deal Summary

Halliburton Acquires Ometric

On February 18, 2011, Halliburton acquired technology hardware company Ometric

Acquisition Highlights
  • This is Halliburton’s 1st transaction in the Technology Hardware sector.
  • This is Halliburton’s 8th transaction in the United States.
  • This is Halliburton’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2011-02-18
Target Ometric
Sector Technology Hardware
Buyer(s) Halliburton
Deal Type Add-on Acquisition
Advisor(s) GTK Partners (Financial)

Target

Ometric

Columbia, South Carolina, United States
Ometric Corporation designs, develops, and delivers manufacturing and process spectroscopy solutions.

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Buyer(S) 1

Buyer

Halliburton

Houston, Texas, United States
Category Company
Founded 1919
Sector Energy Services and Equipment
Employees48,000
Revenue 23.0B USD (2023)
DESCRIPTION
Entrance to Halliburton's corporate headquarters in Houston, Texas.
Entrance to Halliburton's corporate headquarters in Houston, Texas.

Halliburton is a provider of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton was founded in 1919 and is based in Houston, Texas.

DEAL STATS #
Overall 11 of 21
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 7 of 16
State (South Carolina) 1 of 1
Country (United States) 8 of 17
Year (2011) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-31 Professional Wireline Rentals

Broussard, Louisiana, United States

Professional Wireline Rentals LLC is a provider of highly specialized rental equipment and services to the oil and gas industry, with a particular focus on wireline pressure control equipment and frac stacks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-21 SensorTran

Austin, Texas, United States

SensorTran is an ISO 9001 certified, global supplier of fiber optic-based distributed monitoring solutions. Customers benefiting from SensorTran's distributed temperature sensing (DTS) technology include many of the world's largest energy providers. DTS systems, which can be customized for any language, have applications in downhole oil and gas, transmission and distribution power cable monitoring, pipeline flow assurance and leak detection, and environmental monitoring.

Buy -
Mergr

Product

Company

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