M&A Deal Summary

ION Acquires Global Dynamics

On March 10, 2016, ION acquired marine company Global Dynamics

Acquisition Highlights
  • This is ION’s 2nd transaction in the Marine sector.
  • This is ION’s 2nd transaction in Canada.
  • This is ION’s 1st transaction in Ontario.

M&A Deal Summary

Date 2016-03-10
Target Global Dynamics
Sector Marine
Buyer(s) ION
Deal Type Add-on Acquisition

Target

Global Dynamics

Ontario, Canada
Global Dynamics, Inc. is a designer and developer of marine towing systems and equipment.

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Buyer(S) 1

Buyer

ION

Houston, Texas, United States

Category Company
Founded 1968
Sector Energy Services and Equipment
Employees360
Revenue 123M USD (2020)
DESCRIPTION

ION is a provider of technology-driven energy equipment solutions to the global oil & gas industry. ION was founded in 1968 and is based in Houston, Texas.


DEAL STATS #
Overall 10 of 10
Sector (Marine) 2 of 2
Type (Add-on Acquisition) 8 of 8
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-17 ION Geophysical - Land Processing Business

United States

ION Geophysical - Land Processing Business is a provider of land seismic data processing services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-12 ION Geophysical Corp s Software Business

Houston, Texas, United States

ION Geophysical Corp's Software Business comprises Orca: a navigation system dedicated to streamers, Gator: a navigation system dedicated to OBN, Mesa: a set of tools for optimizing land and marine seismic crews and Marlin: software for managing simultaneous marine operations, used for marine seismic crews, as well as for various other offshore operations and harbors

Sell -