Acquisition strengthens portfolio of risk management expert

Paul Boughton

GexCon, a market leader in dispersion, explosion and fire modelling software, has announced the acquisition of Stormfjord. The move will see GexCon, known globally for its FLACS safety and risk management software, taking on the products and services of a company that has rapidly established itself as a leading player in the field of 3D industrial visualisation and simulation.

Stormfjord, founded in 2007, is renowned for its work in transforming complex industrial data into accessible, user-friendly 3D software solutions for use in simulation, planning, training, overview, control and monitoring applications.

Using patented technology that provides clients with efficient, low cost solutions, the firm has enjoyed particular success within the oil and gas sector, where its low user barrier ‘gaming style’ products have driven growth. Stormfjord’s expertise in this niche field also ensures a rapid turnaround of visualisation applications – a key selling point for time sensitive energy developments.
Projects of note that have utilised Stormfjord’s software include the early phases of Statoil’s Aasta Hansteen and Lundin’s Edvard Grieg platforms in the North Sea. See Stormfjord’s ScopeXP familiarisation solution, as used on the Lundin assignment, here.
“GexCon is investing heavily in the development of FLACS 3D Risk Management (3DRM),” comments Erik Aadland from GexCon. “We strongly believe that Stormfjord’s expertise in advanced 3D solutions will accelerate the development of what we believe is the future of risk tools.”
Stormfjord will continue to operate as a separate brand within the GexCon Software business.

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