Fugro buys Trango (July 2006)

Low cost acquisition kicks-off new Data Solutions unit. Fugro to develop data management solutions targeting small to midsize oil companies.

Netherlands-based Fugro has acquired Canadian data management specialist Trango Technologies from Pulse Data of Calgary for 1.3 million. Trango employs 13 staff and has an annual turnover of 1.5 million. Alberta-based Trango will be integrated with Fugros newly autonomous Data Solutions unit.

Expansion

The acquisition of Trango Technologies heralds an expansion of Fugros data management offering in North America and internationally. Fugro plans to continue to develop Trangos products and to integrate them with its existing Data Solutions application portfolio.

Manager

Trangos Manager flagship is a .NET/ESRI-based development that offers enterprise seismic data management for internal and hosted data.

Van Riel

Fugros Paul van Riel told Oil IT Journal, This intelligent, web-enabled data storage solution falls midway between project data management solutions and heavyweight corporate data stores. We will be working to internationalize this primarily Canadian product which will be marketed as an efficient data management solution for small to midsize companies.

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