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The Acquisition Expands Pandell’s Land Asset Management Software Solutions into the United States and Grows its Customer Base to 500+ Energy Companies
January 19, 2018 – Pandell Technology Corporation, a pioneer of Software-as-a-Service (SaaS) solutions to the energy industry, announced today that it has acquired LandWorks, Inc., a Houston-based provider of land asset management and GIS solutions. The acquisition includes 3 software product suites; a staff of 80 personnel; offices in Houston and Denver; and a customer base of 100+ companies in oil & gas, renewable wind energy, utilities, pipelines, and mining. Specific terms of the deal were not disclosed; however, the purchase was described as an all cash transaction.
“With the acquisition of LandWorks, Pandell can now offer a full suite of land solutions to companies operating in Canada, the USA, and globally,” says Greg Chudiak, Pandell’s President & CEO. “Like Pandell, LandWorks is well recognized for its innovation, reliability, and customer-focused services. We are looking forward to seeing what will be achieved when two industry leaders join forces to deliver land software tools that are second to none.”
About LandWorks
LandWorks, Inc. is a leading provider of land asset management and GIS software to companies around the world in oil & gas, renewable wind energy, utilities, pipelines, and mining. LandWorks’ business has been built on providing reliable solutions that combine leading-edge technology, extensive land business experience, and dedicated GIS mapping and land record services. The company has a proven track-record of being the first to solve long-term land management challenges and improve the way land professionals work on a daily basis. LandWorks is an Esri Gold Partner and teams up with Esri on most new projects. LandWorks has twice been awarded the prestigious Esri Foundation Partner of the Year award.
About Pandell
Pandell is a premier software company that delivers industry specialized Software-as-a-Service solutions to 500+ energy companies in Canada, USA, and globally. Its web-based product suite helps finance, land, and operations teams effectively run their business; while its enterprise division builds and manages large-scale .NET web applications for organizations. Combining the strength of its industry experience, ground-breaking Lithium technology, and practical software subscription model, Pandell is Crafting the Future of Energy Software. Turn up your speakers, sit back, and watch our video on how we got here: www.pandell.com/about/history.html.
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