Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


ARANZ Geo acquires 3point Science

ARANZ Geo acquires 3point Science

CHRISTCHURCH, NZ - June 14, 2016

- ARANZ Geo Limited, a world leader in the interpretation and visualisation of geological data has acquired 3point Science based in Calgary, Canada. 3point Science, a specialist in cloud solutions and highly engaging 3D data visualisation, will become an independent ARANZ Geo development team.

ARANZ Geo Managing Director, Shaun Maloney says, “The purchase will add substantial new capability to ARANZ Geo, enabling the development of cloud-based solutions while accelerating options to enter new market sectors.”

ARANZ Geo turn complex data into geological understanding, provide timely insight and give decision makers confidence. Solutions allow customers to harness information to extract value, bring meaning and reduce risk.

Rowan Cockett, Co-Founder of 3point Science says, “The 3point Science team has built up a wealth of expertise creating highly engaging 3D visualisation using their knowledge of both specialist cloud solutions and geophysics.”

Maloney says, “Much of the underlying technology that 3PS has been involved in is still in the developmental stage and a key focus over the next 12 months will be taking this to market.”

Dr Adam Pidlisecky, Co-Founder of 3point Science and an Associate Professor of Geophysics at the University of Calgary says, “We’re really pleased the technology we’ve developed to date will now have a greater impact. We’ll benefit from ARANZ Geo’s wider corporate capabilities, investment and global network to support the development of new products, and improve market potential.”

Maloney adds, “This investment continues to demonstrate our commitment to strengthening our offering to customers. ”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Maritime Union: Deepening Supply Chain Crisis Requires Action

Maritime Union of New Zealand National Secretary Craig Harrison says the global COVID-19 pandemic exposed pre-existing weaknesses in our logistics sector, and created enormous problems... More>>

Air New Zealand: Employees Recognised With $1,000 Share Award

The efforts Air New Zealand employees made during one of the airline’s toughest years will be recognised via an award of $1,000 worth of company shares to all permanent employees... More>>

Consumer NZ: Bank Complaints On The Rise, Survey Shows

Nearly one in five Kiwis had a problem with their bank in the past year, Consumer NZ’s latest satisfaction survey finds. Consumer NZ chief executive Jon Duffy said the number of bank customers reporting problems had jumped to 18%, up from 11% in 2020... More>>

Mercury: Enters Into Binding Agreements To Acquire Trustpower’s Retail Business

Mercury NZ Limited (Mercury) has announced that it has entered into binding agreements with Trustpower Limited (Trustpower, NZX:TPW) to acquire Trustpower’s retail business for NZ$441 million... More>>


ASB: New Zealanders Missing Out On Hundreds Of Millions In KiwiSaver Government Contributions

New Zealanders have just over a week to ensure they’re eligible for the maximum annual government KiwiSaver contribution... More>>

Stats NZ: GDP Climbs 1.6 Percent In March 2021 Quarter Following December Dip

Gross domestic product (GDP) rose by 1.6 percent in the March 2021 quarter, following a 1.0 percent fall in the December 2020 quarter, Stats NZ said today. "After an easing of economic activity in the December quarter, we’ve seen broad-based growth in the first quarter of 2021... More>>