CGG Ceresel has been selected as the successful bidder

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Paris, France – July 4, 2022

CGG announced today that the Certification and Monitoring Division has announced that it has been selected as the winning bidder for the purchase of ION Geophysical Corporation (ION Geophysical Corporation).ION”) Software business.

Cerce intends to retain all employees associated with this business.

The purchase is related to the recent US Chapter 11 bankruptcy process.

Closing of the transaction in bankruptcy court and other customary circumstances, including regulatory approvals. Purchases are expected to close in the third or fourth quarter of 2022.

About CGG

CGGwww.cgg.com) It is a global technology and HPC leader providing data, products, services and solutions in land science, data science, sensor and monitoring. Our unique portfolio enables our customers to efficiently and responsibly solve complex digital, energy transfer, natural resources, environmental and infrastructure challenges. CGG employs about 3,300 people worldwide. And Listed at Euronext Paris SA (ISIN ፡ 00 00181864)

Contacts

Group relations and investor relations
Christoph Barnini
Phone Call + 33 1 64 47 38 11
Email filter christophe.barnini@cgg.com

  • Carsel was selected as the winning bidder for the ION software business

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