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Apax Partners, JMI Equity to buy software co Paradigm for $1 bln
June 11 |
June 11 (Reuters) - Private equity funds Apax Partners and JMI Equity agreed to buy Paradigm Ltd, a software vendor focused on oil and gas exploration, for about $1 billion in cash.
Paradigm, which has over 700 customers, helps engineers to make drilling and production decisions by analyzing seismic data.
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