Geovariances complements Vela Software’s mining software portfolio
[Avon, June 2, 2022] We are proud to announce that Geovariances has been acquired by Vela Software, a subsidiary of the global Constellation Software group that purchases and manages software firms worldwide.
Vela Software’s philosophy is to bring acquired companies to the next level while keeping them as standalone and autonomous businesses. We believe that being part of Vela Software will benefit Geovariances’ ambitions, which are specifically to grow its business and further develop its software product lines, thereby providing its clients with even more intelligent and customizable geostatistics solutions that fit seamlessly into their environment. We will maintain our objective of being the premier provider of accessible advanced geostatistics and continue to ensure excellence in our solutions.
By joining Vela Software, Geovariances will become closer to Vela-owned companies operating in the mining industry, such as Datamine, acQuire, and Snowden Optiro. We are confident that this connection with firms similar to ours will allow us to develop synergies that will benefit our customers. We already have an agreement with Datamine that integrates our advanced geostatistics into their Studio RM software.
We’ll also benefit from Vela’s multiple geographic locations to provide our clients with more efficient local support.
Finally, we are confident that this opportunity will also help our other business areas, including Oil&Gas, Contaminated Sites, Nuclear Decommissioning, Geotechnics, and Hydrogeology.
Vela is a global provider of software solutions to several vertical industries. As an Operating Group of Constellation Software, Vela acquires, manages, and builds specific software businesses which provide specialized, mission-critical software solutions. Vela companies invest in becoming leaders in their industries and to better serve their customers. We help companies improve their operations, grow through organic initiatives, and seek acquisitions that can strengthen their market position.
Founded in 1986, Geovariances is the premier provider of accessible advanced geostatistics to the natural resources industries. Geovariances’ solutions deliver clients exceptional reliability and scientific rigor thanks to an exclusive 35-year partnership with the Center of Geoscience of Mines ParisTech, the birthplace of Geostatistics.