Topicus.com and CGG complete the sale and transfer of

TORONTO, Oct 01, 2021 (GLOBE NEWSWIRE) – Topicus.com Inc. (“Topicus”) (TSXV: TOI) today announced that Topicus and CGG SA (“CGG”) have completed the sale and transfer of GeoSoftware activity to Topicus and Vela Software for a total cash consideration of US $ 95 million (subject to certain customary closing adjustments).

About Vela Software

Vela is a global provider of software solutions for a number of industry verticals with a broad and in-depth knowledge of the energy and resource software market. As an operating group of Constellation Software Inc., Vela acquires, manages and builds industry-specific software companies that provide specialized and mission-critical software solutions. Vela’s goal is for its companies to become leaders in their respective verticals by investing in their operations, growing through organic initiatives and seeking acquisitions that can strengthen their position in the market.

About Topicus.com

Topicus.com Inc. is a leading pan-European provider of vertical market software and platforms to clients in the public and private sector markets. Operating and investing in countries and markets across Europe with long-term growth potential, Topicus.com Inc. acquires, builds and manages leading software companies providing specialized, mission-critical and high-performance software solutions. impact that meet specific customer needs.
For more information, contact:
Topicus.com Inc.
Jamal Baksh, Chief Financial Officer
Phone. : (416) 861-9677

About CGG

CGG (www.cgg.com) is a world leader in geoscience technologies. Employing approximately 3,700 people worldwide, CGG provides a comprehensive suite of data, products, services and solutions that help our clients more efficiently and responsibly solve complex challenges related to natural resources, the environment and to infrastructure. CGG is listed on Euronext Paris SA (ISIN: 0013181864).

For more information, contact:
Group Communication & Investor Relations
Christophe Barnini
Phone: + 33 1 64 47 38 11
Email: [email protected]


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