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CMG Expands with Acquisition of Sharp Reflections
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CMG Expands with Acquisition of Sharp Reflections

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Computer Modelling (TSE:CMG) has released an update.

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Computer Modelling Group Ltd. (CMG) has acquired Sharp Reflections GmbH, enhancing its seismic processing capabilities with advanced technology. This acquisition is expected to strengthen CMG’s offerings in subsurface interpretation and exploration, with Sharp’s innovative platform already serving major oil and gas companies globally. The transaction, valued at €25 million, underscores CMG’s commitment to expanding its leadership in the oil and gas sector.

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