IHS acquires management software provider

IHS Inc. (NYSE: IHS) said it has acquired Fekete Associates, a provider of integrated reservoir management software and services to the oil and gas industry. Terms of the deal were not disclosed.

Fekete is headquartered in Calgary, Alberta, Canada, and runs an office in Houston. The company’s Harmony platform is a customizable software environment that hosts its Well Performance Analysis applications. Fekete provides solutions to support customers across the oil and gas asset life cycle, from governmental applications to drill, brownfield developments, well production analyses and simulation services.

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