Bentley acquires AR2Tech

Dec. 16, 2021
The acquisition will bring high-performing geostatistical slgorithms to the company's rapidly-growing geomodeling services.

Bentley Systems Inc., an infrastructure engineering software company, recently announced its acquisition of Denver-based Advanced Resources and Risk Technology, LLC (AR2Tech), a developer of geostatistical software applications.

The acquisition provides Bentley’s Seequent division with stateof-the-art geostatistics algorithms, technology, and IP for complex geospatial problem solving, complementing its existing geological modeling solutions.

AR2Tech represents a new generation of geostatistics and spatial data analysis solutions for mining, environmental sciences, and energy. Its high-performance algorithms and workflows for cloud and desktop is able to create and optimize a diverse set of models. The company’s algorithm library can be applied to a wide range of geostatistical modeling and data science methods, supporting functions that are data-centric and rely on machine learning. Solutions can be used stand alone or integrated with other software, including Seequent’s Leapfrog 3D geological modeling solutions.

Environmental sciences professionals can use customized workflows for data management, spatial evaluation, and risk assessment, designed for applications including stochastic simulation of the subsurface for water modeling, sampling evaluation and strategy, integration of remote sensing data in the geostatistical model, and characterization of pollutants.

Graham Grant, chief executive officer of Seequent, said, “We’re delighted to welcome to Seequent the elite and talented AR2Tech team in Denver and Brazil. AR2Tech’s technology stack and world-leading expertise in geostatistics, geomodeling, and spatial data integration strengthen Seequent’s capabilities in these areas. The acquisition will help accelerate our development of new geostatistics solutions and create seamless end-to-end workflows with Seequent’s advanced modeling solutions. We’re excited to make this investment for our mining, environmental, civil, and energy users to take geomodeling to the next level.”

AR2Tech founder Dr. Alexandre Boucher said, “We’re proud to be joining Seequent and sharing our cloud-first approach to solving geosciences challenges. With Seequent, we will realize our goal of bringing the next generation of geostatistical algorithms to the geomodeling community. We have developed and optimized algorithms for geomodeling for over a decade, including conditional simulations for risk and uncertainty studies. Combining forces with Seequent, we can create new practical and accessible solutions for geoscience professionals.”

The acquisition comes as one of many for Bentley, having also acquired geographic information service companies Imago and Aarhus GeoSoftware only a few months prior.

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