PakEnergy, a Dallas, TX-based delivering business automation and performance optimization solutions for the energy industry, acquired Plow Technologies, a provider of digital automation and cloud/SCADA software.
The amount of the deal was not disclosed.
The acquisition further strengthens PakEnergy’s comprehensive software suite and enhances its ability to provide end-to-end systems that automate the flow of information from the oil field to the back office and between partners, owners, and investors.
Led by Scott Murphy, Plow Technologies provides digital transformation and automation products and consulting services to a wide range of companies in oil and gas, manufacturing, renewable energy, facilities management, and more. The company specializes in navigating complex data infrastructure challenges and helps the data companies need to make smart decisions and scale effectively.
Led by CEO Santosh Nanda PakEnergy offers a broad portfolio of cloud-based software solutions that optimize performance for energy companies. The complementary systems automate complex business processes, reduce operating costs, save time, and increase profitability while providing real-time visibility and reporting, analytics, and decision support systems. Its team of software developers, land and production management experts, and accounting professionals currently serves over 2,200 customers.
FinSMEs
20/08/2024