Add-on Acquisition • Information Technology

Sigma3 Acquires HiPoint Reservoir Imaging

On March 22, 2012, Sigma3 acquired information technology company HiPoint Reservoir Imaging

Acquisition Context
  • This is Sigma3’s 2nd transaction in the Information Technology sector.
  • This is Sigma3’s 4th transaction in the United States.
  • This is Sigma3’s 3rd transaction in Colorado.

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M&A Deal Summary

Date March 22, 2012
Target HiPoint Reservoir Imaging
Sector Information Technology
Buyer(s) Sigma3
Deal Type Add-on Acquisition

Target Company

HiPoint Reservoir Imaging

Littleton, Colorado, United States
HiPoint Reservoir Imaging LLC (HiPoint) is a provider of microseismic and borehole seismic data processing analysis and interpretation.
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Buyer Overview 1

Buyer

Sigma3

Houston, Texas, United States

Category Company
Sector Software
DESCRIPTION

Sigma3 offers technology, expertise, and services ranging from reservoir understanding, field development planning to production optimization principally for the oil and gas industries. Based in Houston, Sigma3 focuses on simplicity, field engineers, asset managers, and geophysicists who use integrated GeoEngineering™ tools to perform quick evaluations of drilling, completions, and production data to provide faster, more accurate, more predictive, and more useful decisions in the field in real-time. Sigma3 is based in Houston, Texas.


Deal Context for Buyer #
Overall 4 of 4
Sector: Information Technology 2 of 2
Type: Add-on Acquisition 4 of 4
State: Colorado 3 of 3
Country: United States 4 of 4
Year: 2012 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-22 APEXHiPoint

Platteville, Colorado, United States

APEXHiPoint LLC (APEXHP) is a provider of IT services for oil and gas industry.

Buy -