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Emerson Agrees to Acquire Paradigm

Broadens Emerson’s software capabilities to serve global oil and gas industry.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson has agreed to acquire Paradigm, a leading provider of software solutions for the oil and gas industry, for a purchase price of $510 million, reflecting a multiple of 13 times expected 2017 EBITDA. Paradigm, joined with Emerson’s existing Roxar software business, creates a best-in-class, end-to-end Exploration & Production (E&P) software portfolio with offerings spanning seismic processing and interpretation to production modeling, the company said.   Expanding Emerson’s E&P...

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