02 June 2022—Vela Industries Group is pleased to announce the acquisition of Geovariances, a world leader in geostatistics for over 30 years. Headquartered in Fontainebleau, France, Geovariances is the developer of Isatis.neo, the leading solution for complex geospatial challenges in mining, oil and gas, nuclear decommissioning, contaminated soil, and air and water quality.

“The Geovariances acquisition is a highly complementary addition to Vela’s mining software portfolio. Adding the renowned Isatis.neo application to our natural resources and environmental modelling solutions will deliver even greater value to customers,” said Dylan Webb, CEO of Datamine. “The opportunity to work more closely with the Geovariances team will enable us to deliver the most advanced geostatistics solutions to our customers and constantly incorporate the latest research.”

Geovariances CEO, Jean-Paul Roux said, “By joining Vela Software, Geovariances will become closer to Vela-owned companies operating in the mining industry, such as Datamine, acQuire, Minemax, Centric and Snowden-Optiro. We are confident that this connection with firms similar to ours will allow us to develop synergies that will benefit our customers. We’ll also benefit from Vela’s presence in 20 countries to provide our clients with more efficient local support.

About Geovariances

Founded in 1986, Geovariances is the premier provider of accessible advanced geostatistics to the natural resources industries. Geovariances’ solutions deliver clients exceptional reliability and scientific rigor thanks to an exclusive 30-year partnership with the Center of Geoscience of Mines ParisTech, the birthplace of Geostatistics.

Learn more: www.geovariances.com