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CMG buys Sharp Reflections for EUR 25 million cash

PUBT·08/07/2026 03:16:55
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CMG buys Sharp Reflections for EUR 25 million cash
  • Computer Modelling Group bought Sharp Reflections, a Germany-based seismic processing and interpretation software platform.
  • Total consideration was EUR 25 million in cash, subject to post-closing adjustments, near USD 37 million.
  • Deal terms included an additional payment equal to Sharp’s cash on hand immediately before closing.
  • In the 12 months ended July 31, 2024, Sharp recorded unaudited revenue of about EUR 10 million, including EUR 6.9 million software revenue.
  • Sharp generated a low double-digit adjusted EBITDA margin; CEO Bill Shea will stay to lead integration.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Computer Modelling Group Ltd. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.