US Nasdaq-listed company buys Christchurch-based Seequent for US$1.05 billion
11 Mar, 2021 11:59 PM
2 minutes to read
NZ Herald
Christchurch-based Seequent, known for earth modelling software among other things, has been snapped up by Nasdaq-listed engineering software company Bentley Systems for US$1.05 billion ($1.45b).
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The acquisition, subject to New Zealand Overseas Investment Office approval, would see the company continue to operate as a standalone business unit within Bentley.
Seequent is a New Zealand success story, having grown from one employee in 2004 to 173 New Zealand staff and a total of 430 globally today.
Founder and CEO Shaun Maloney is retiring as part of the acquisition, with current chief operating officer Graham Grant becoming the main report to its new parent.
Press Release – Bayleys
The largest parcel of prime New Zealand coastal land in the Auckland region to come to the open market in two decades, is now for sale on Waiheke Island, offering a once-in-a-generation opportunity for a buyer to create an uber-private estate within easy reach of Auckland city.
The almost-300-hectare landholding surrounding Carey Bay is accessed off Man O’War Bay Road on the north-eastern side of Waiheke Island.
It includes headlands with uninterrupted Hauraki Gulf views, significant tracts of native bush and extensive frontage to more than five kilometres of coastline from Piemelon Bay in the west to the north-facing white sandy Carey Bay in the east.
Tuesday, 2 March 2021, 10:25 am
The largest parcel of prime New Zealand coastal land in
the Auckland region to come to the open market in two
decades, is now for sale on Waiheke Island, offering a
once-in-a-generation opportunity for a buyer to create an
uber-private estate within easy reach of Auckland
city.
The almost-300-hectare
landholding surrounding Carey Bay is accessed off Man
O’War Bay Road on the north-eastern side of Waiheke
Island.
It includes headlands with uninterrupted
Hauraki Gulf views, significant tracts of native bush and
extensive frontage to more than five kilometres of coastline
from Piemelon Bay in the west to the north-facing white
Business Scoop » Prime Waiheke Coastal Estate On The Market For The First Time In 50 Years scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.
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