Orica to acquire GroundProbe for $205M

Orica has agreed to buy Australian technology company GroundProbe from Crescent Capital for $205 million. GroundProbe provides monitoring and measurement systems for mining companies.

“Mining services giant Orica has taken another step into the world of big data, buying Australian technology group GroundProbe from private equity firm Crescent Capital for $205 million.”afr.com

• 2 sources
• afr.comOrica to buy Brisbane's GroundProbe for $205mJames ThomsonDec 19, 2017
• mining-technology.comOrica to acquire mining technology company GroundProbe for $157m - Mining TechnologyHemanthDec 21, 2017

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