M&A Deal Summary

IHS Acquires GeoPLUS

On June 8, 2006, IHS acquired software company GeoPLUS

Acquisition Highlights
  • This is IHS’s 2nd transaction in the Software sector.
  • This is IHS’s 2nd transaction in the United States.
  • This is IHS’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2006-06-08
Target GeoPLUS
Sector Software
Buyer(s) IHS
Deal Type Add-on Acquisition

Target

GeoPLUS

Tulsa, Oklahoma, United States
GeoPLUS Corp. is a PC-based software family, PETRA®, which is a popular platform used by oil and gas companies to analyze subsurface data from existing oil and gas wells.

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Buyer(S) 1

Buyer

IHS

Englewood, Colorado, United States

Category Company
Founded 1959
Sector Information Technology
Employees9,000
Revenue 2.2B USD (2015)
DESCRIPTION

IHS is a source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments rely on the content, expert independent analysis and flexible delivery methods of IHS to make decisions and develop strategies with speed and confidence. IHS was established in 1959 and is headquartered in Englewood, Colorado.


DEAL STATS #
Overall 3 of 54
Sector (Software) 2 of 14
Type (Add-on Acquisition) 3 of 49
State (Oklahoma) 1 of 1
Country (United States) 2 of 35
Year (2006) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-08 Construction Research Communications

Peterborough, United Kingdom

Construction Research Communications Ltd. is a provider of publishing services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-24 Canadian Hydrodynamics

Calgary, Alberta, Canada

Canadian Hydrodynamics Ltd. is a provider of comprehensive drill stem test (DST) information.

Buy -