US engineers buy Christchurch’s Seequent in US$1b-plus deal
CEO Shaun Maloney will retire on deal’s completion.
The 3D software developed by Christchurch company Seequent is considered market leading – and now a listed US engineering firm has acknowledged that leadership, buying the company for more than US$1 billion.
Although the Kiwi firm was at one stage destined for its own IPO, it's now the
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