CGG completes $95mn sale of Geo Software Business

PARIS, FRANCE: CGG S.A. announced Monday the completion of the previously announced sale of CGG’s Geo Software business to Inc. and Vela Software for the total cash consideration of US$95 million.

This transaction was effective October 1, 2021.

CGG ( is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA.

About the author

Leave a Reply

Your email address will not be published. Required fields are marked *