09:10 AM EDT, 07/31/2025 (MT Newswires) -- Computer Modelling Group ( CMDXF ) on Thursday said it acquired SeisWare International, a software company specializing in geoscience solutions.

The company said that the total purchase price is estimated to be US$6.6 million and is subject to customary closing adjustments.

SeisWare develops geoscience interpretation and field development software to support subsurface exploration and development projects.

Computer Modelling Group ( CMDXF ) also said that Herman Nieuwoudt, who joined the company as president of Bluware in November 2024, was promoted to executive vice president and president, Seismic Solutions. SeisWare's team of over 40 employees will join this seismic solutions group and SeisWare's Chief Executive Officer Murray Brack will join Computer Modelling Group ( CMDXF ) as general manager, SeisWare.

"SeisWare reflects our disciplined approach in expanding our capabilities by acquiring high-quality software solutions," said Computer Modelling Group's ( CMDXF ) CEO, Pramod Jain. "The company has earned a strong reputation and loyal customer base in Canada by delivering powerful, integrated geoscience tools alongside responsive and highly technical customer support."