We are thrilled to announce the pending merger of S-Cube and SEIMAX Technologies, forming a new, stronger, and more competitive organization—S-Cube Technologies (SCT). This strategic merger is designed to expand our market reach, achieve significant synergies, and enhance our combined product offerings, ultimately providing greater value to our customers, shareholders, and employees.
Shared Vision and Enhanced Capabilities
S-Cube (www.s-cube.com), which emerged from a world-class research group at Imperial College London, has established itself as an industry leader in Full Waveform Inversion (FWI) technology. With its proprietary algorithm toolbox, X-Wave, S-Cube has revolutionized the industry by addressing challenges in imaging sub-salt reflectivity in highly obscured zones, surpassing conventional workflows with its innovative FWI approach.
SEIMAX, a leading provider of seismic processing and imaging services, and a software licensing company, was formed from the merger of five companies. Its proprietary time and depth seismic processing system software, SeisUP®, established in 1985, has been at the forefront of the industry. SEIMAX offers a comprehensive suite of 2D and 3D land and marine seismic data processing and imaging services.
Our shared vision recognizes FWI as a critical component of seismic imaging, with significant potential for expansion into the onshore sector. SCT will combine our unparalleled expertise in FWI with advanced seismic processing and imaging capabilities, offering seamless Pre-Stack Time Migration (PSTM), Pre-Stack Depth Migration (PSDM), and FWI services for both land and marine 2D and 3D data.
This merger is the natural progression of a relationship that has evolved organically, supported by a history of mutual respect, collaboration, and strategic alliance efforts. Our teams’ complementary expertise and software capabilities will enable us to achieve this shared vision and deliver superior solutions to our clients.
Commitment to Customer Success
At SCT, we are committed to partnering closely with our customers, providing solutions that empower them to make informed decisions, reduce exploration risk, and foster sustainable growth. Our dedication to delivering exceptional value through innovative technologies and customer-focused services remains steadfast. Rest assured, there will be no disruptions to your current services or contracts during this transition.
Leadership and Integration
SCT will be led by CEO, Dr. Nikhil Shah, who will work closely with our leadership teams to establish a structure that maximizes the strengths of both organizations. While specific details of the merger are still being finalized, both companies are committed to ensuring a seamless integration process. There will be no immediate changes to customer contracts or services, and we will continue to leverage the talents and expertise of both workforces.
Looking Ahead
As we look to the future, we are excited about the opportunities this merger will bring and are confident that our combined efforts will drive growth and success, contributing positively to the industries we serve. We are committed to a smooth transition for our customers and employees and look forward to a bright future as S-Cube Technologies.
For more information, please contact:
Matt Mohr
Marketing Representative
mmohr@seimaxtech.com
832.554.4317
